Question

A man buys a car for ₹2,25,000 and sells it for ₹2,50,000. Find his loss or gain percentage.

Answer 1

Answer:

11.11 %

Step-by-step explanation:

C.P. = ₹2,25,000

S.P. = ₹ 2,50,000

Then S.P. > C.P.

So, profit = S.P. - C.P.

= ₹ 2,50,000 - ₹ 2,25,000

= ₹ 25,000

profit % = (profit × 100) / C.P.

= (₹ 25,000 × 100) / ₹ 2,25,000

= 100/9 %

= 11.11%

Answer 2

sorry I gave the wrong answer, how to delete the answer???