Question

A shopkeeper bought a set of antique plates for ruppes 3750 and spent ruppes 250 on its polishing . He then sold the set for ruppes 4500 .Find his loss or profit percentage.​

Answer 1

Answer:

cost price =3750

expenditure on material=250

total cost =3750+250=4000

selling price =4500

profit =sp-cp = 4500-4000=500

profit=500

profit % =profit x 100 ÷ S•P

500x100÷4000 = 12.5%

HOPE THIS HELPS YOU!!!!

Answer 2

Answer:

12.5 %

Step-by-step explanation:

As per the provided information in the given question, we have :

• A shopkeeper bought a set of antique plates for Rs. 3750 and spent Rs. 250 on its polishing.
• He then sold the set for Rs. 4500 .

We've been asked to calculate his loss or profit percentage.

Considering the provided statements in the given question, we can say that here,

• C.P of the set = Rs. 3750
• Overheads = Rs. 250
• S.P of the set = Rs. 4500

Here, we need to calculate the total cost price first. Total cost price will be the sum of the C.P of the set and overheads. Overheads is the price spent on repairing. So,

$\longrightarrow \sf{\quad {Total \; C.P = Rs. \; (3750 + 250) }}$

Performing addition.

$\longrightarrow \sf{\quad {Total \; C.P = Rs. \; 4000}}$

Now, according to the question, he sold the set for Rs. 4500. As we know that, when S.P is greater than CP, then there is profit. Profit is given by,

$\longrightarrow \sf{\quad {Profit = S.P - C.P }}$

Substitute the values.

$\longrightarrow \sf{\quad {Profit = Rs. \; (4500 -4000) }}$

Performing subtraction.

$\longrightarrow \sf{\quad {Profit = Rs. \; 500}}$

Now, it is known to us that,

$\\ \longrightarrow \quad \boxed{ {\sf {Profit \; \% = \Bigg [ \dfrac{Profit}{C.P} \times 100 \Bigg ] \; \%}} }$

Substitute the values.

$\longrightarrow \sf{\quad { Profit \; \% = \Bigg [ \dfrac{500}{4000} \times 100 \Bigg ] \; \% }}$

Cancelling the zeroes.

$\longrightarrow \sf{\quad { Profit \; \% = \Bigg [ \dfrac{500}{40} \Bigg ] \; \% }}$

Dividing 500 by 40.

$\longrightarrow\sf{\quad \underline{\boxed { \textbf{\textsf{Profit}} \; \% = \textbf{\textsf{12.5}}\; \% }} }$

Therefore, profit % is 12.5 %.