Question

a scooty is sold for 20,000. Find the profit or
loss percentage if the cost price of the scooty was
18.000.​

Answer 1

Answer:

=100/9

or

≈ 11 percent

Step-by-step explanation:

Cost Price = 18,000

Selling Price = 20,000

SP > CP , so there is a profit

profit = SP - CP

         = 20,000 - 18,000

         = 2,000

profit percentage = profit/CP  x 100

                              = 2,000/18,000  x 100

                              = 200/18

                              = 100/9

                              ≈ 11 percent

Happy to help :]