A man purchased a cell phone for 2000 rupees. By paying 200 rupees more he replaces its body (case). If he sells the cell phone for 2500 rupees, find his profit or loss percentage?
With full formulas......
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so we do that
sp= 2500. (selling price )
cp = 2000 + 200. = 2200. ( cost price )
so here we se that sp is greater then cp now it is profit
profit = sp - cp
p = 2500 - 2200
p = 300profit
to find profit percent
profit percent = profit/cp × 100
p℅ = 300/2200×100
p℅ = 300/22
p℅ = 13.636363.........
p℅ = 13.64℅ approx
hop it help
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