Question

A retailer buys an article for rs 450and sells it for rs 360. Find his profit or loss percent.

Answer 1

Answer:Profit=20%

Step-by-step explanation:

Cp=₹450

Sp=₹360

P=₹90

P%=90*100/450

=100/5

=20%

Answer 2

Step-by-step explanation:

cost price = 450

selling price=360

$loss = cp - sp$

loss=90

$loss\% = loss \div cp \times 100$

loss%=20%