Question

A grocer bought rice at the rate of Rs.2500. He spends Rs.1500 on transportation.Find gain / loss %, if SP of rice is Rs.4400

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Answer 1

Answer:

C.P=2500

S.P=1500

here S.P>C.P,

So,

profit =C.P - S.P

=2500-1500

= Rs-1000

so, they loss their money

Step-by-step explanation:

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Answer 2

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TOTAL C.P.=RS (2500+1500)=RS 4000

S.P.=RS 4400

AS,S.P. is greater than C.P.

so,there is a profit.

THEREFORE,PROFIT=RS(4400‐4000)

=RS 400

THEREFORE,PROFIT PERCENT

=400/4000 × 100%

=10%