Question

A cupboard bought for Rs 4500 and sold at Rs 5000. Find the profit or loss
percentage.​

Answer 1

Answer:

I think this will help you and so please like and mark it as the brainliest.

Answer 2

Answer :

• 11.11 %

Given :

• The Cost price and the selling price of a cupboard.

To Find :

• The profit or loss percentage.

Point to notice :

• If SP is greater than CP then there is profit.

• SP of cupboard is greater than the CP, it means there is profit.

Using Formula :

• $\rm \: profit \: \% = \dfrac{sp - cp}{cp} \times 100\%$

Let's start Now :

Since,

• CP = rs. 4500
• SP = rs. 5000

Here SP > CP. Therefore, there is profit.

Calculate the profit :

$\rm\therefore Profit = SP-CP \\ \rm= rs. (5000-4500) \\ \bf = rs.500$

Solution :

$\rm \therefore profit \: \% = \dfrac{profit}{cp} \times \: 100\% \\ \\ = \dfrac{500}{4500} \times 100\% \\ \\ = \bf11.11\%$