3. Rohit bought a tape-recorder for 1,500 and sold it for 3 1,800. Calculate his
profit or loss percent.
Concise MATHEMATICS Middle School - 7
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Answer:
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Answer:
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Step-by-step explanation:
C.P. of tape-recorder = Rs. 1500
S.P. = Rs.1800
∴ Gain = S.P. – C.P.
= Rs. 1800 – Rs. 1500
= Rs.300
Gain % = (Gain × 100)/C.P.
= (300 × 100)/1500
= 20%
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