Question

A man buys a radio set for RS 900 and sells it for RS 972 . What is his profit or loss per cent?

Answer 1

solution

CP=RS.900

SP=RS.972

here,SP>CP

therefore,profit=SP-CP

                        =RS.(972-900)

                        =RS.72

NOW

profit%=P/CP×100%

           =72/900×100%

           =8%

THEREFORE HIS PROFIT PERCENT IS 8 %.

                      ✌✌✌

Answer 2

cost price of Radio =₹900
selling price of Radio= ₹972
since S.P. is grater than C.P.
therefore , there is profit
profit = S.P. - C.P.
972 - 900= 72
Profit % = Profit / C.P. × 100
= 72 / 900 × 100
= 8%

I hope it will helps you.