Question

4 A cup board bought for Rs. 2,500 and sold at 3,000. tell what is the profit or loss in the following transactions.also find profit per cent or loss per cent in each case.
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Answer 1

Answer:

We have,

CP = Rs 2500

SP = Rs 3000

Since SP > CP

Therefore, Profit = SP - CP = 500

and, Profit %

⇒500/2500×100

⇒20%

Hope it helps you.

Answer 2

Answer:

This is a profit.

So 2500-3000=500

So profit profit is 500Rs