Question

9.Keerthilal bought a TV for ₹ 56000 and sold at ₹ 63500. Find his profit or
loss percent.

Answer 1

Answer:

It will be profit as selling price is greater then cost price

Profit =63500-56000

=7500

Profit percentage = profit /cost price ×100

=7500/56000×100

=13.39%

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Answer 2

Profit = S.P - C.P

63500 - 56000

₹7500

Profit Percentage

$\frac{profit}{cost \: price} \times 100$

7500/56000 * 100

13.4 % he make the profit