Question

A person purchased an article for Rs 80 and sold it for Rs 120.Find his % of profit ?​

Answer 1

loss = Rs 80

Step-by-step explanation:

C.P. = Rs.80, M.P.= Rs. 120, Discount = 40%

∴ S.P. = 60% of Rs.120=

100

60

×Rs.120=Rs.72

∴ Loss = Rs.80 - Rs.72 = Rs.8

Loss % =

80

8

× 100=10%

Answer 2

Answer:

40% profit

Step-by-step explanation:

purchase of article 80rs

sold it 120rs

120-80= 40