Question

a cycle bought for rs 8500 and sold for 10000 find profit and loss percent​

Answer 1

Answer:

Formula to calculate cost price if selling price and profit percentage are given: CP = ( SP * 100 ) / ( 100 + percentage profit). Formula to calculate cost price if selling price and loss percentage are given: CP = ( SP * 100 ) / ( 100 – percentage loss ).

Step-by-step explanation:

solve your self it is formulas

Answer 2

Answer:

Profit Amount: 1500, Profit Margin: 15%, Profit Percentage: 17.65%

Step-by-step explanation:

Profit & loss calculation

Formulas used for calculations on this page:

Profit = Sales - Cost

Profit Margin = Profit / Sales * 100

Profit Percentage = Profit / Cost * 100

A negative profit value means a loss. The percentage of profit or loss is calculated on the cost price whereas profit margin is calculated on the selling price.