Question

6. A shopkeeper buys a radio-set for Rs 550 and sells it for Rs 660. Find his loss
percent or profit percent.​

Answer 1

Answer:

here C.P = 550

S.P = 660

S.P>C.P, so profit

profit = S.P-C.P = 660-550 = 110

Profit% = (profit/C.P)*100 = (110/550)*100 = (1/5)*100 = 20%

Answer 2

Answer:

20.10% is current answer