Question

A shopkeeper bought a AC for 12,000 and he sold it for 15000.Find the profit or
loss ? Calculate profit or loss percentage ?​

Answer 1

Step-by-step explanation:

CP = 12000RS.

SP = 15000RS.

WHEN THE SP IS GREATER THAN CP IT IS AN PROFIT.

P=SP-CP

P=15000-12000

P=3000RS.

P% = P/CP × 100

P% = 3000/12000×100

P% = 25

Hence the Profit is 3000 rs. and profit percentage is 25%

Answer 2

Answer:

Profit Percentage= 20%

Step-by-step explanation:

CP(Cost Price)= 12,000

SP(Selling Price)= 15,000

Note: A person gets a profit we SP is more than CP and a loss when CP is more that SP.

In this case the SP is more than the CP so it is a profit of Rs.3,000

Profit Percentage:

3000/15000×100

3000/150

300/15

=20%