Question

A retailer bought a mixie from a wholesale dealer for ₹4500 and sold it for ₹6000 find his profit or loss per cent

Answer 1

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Answer 2

Questioñ:

A retailer bought a mixie from a wholesale dealer for ₹4500 and sold it for ₹6000. Find his profit or loss per cent.

Solutioñ:

Given

• C.P=4500
• SP=6000

Since sp>cp it is profit

Profit=sp-cp

Profit=6000-4500

Profit=1500

Profit%=Profit/cp×100

⇒1500/4500×100

⇒100/3%

⇒33.3%

Therefore,

Loss % is 33.3% approx

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