Question

A Shopkeeper bought a Shirt for Rs.1450 and Sold it for Rs.1600. Did he Sell it at a

Profit or loss ?​

Answer 1

Answer:

PLS MARK AS BRAINLIEST

Profit

Step-by-step explanation:

Cost price of the cycle = Rs. 1200

Selling price of the cycles = Rs. 1500

SP > CP ⇒ there is a gain.

⇒ Gain = SP - CP = 1500 - 1200 = Rs. 300

∴ Gain Percentage =

CP

Gain

(100)%

=

1200

300

(100)%=25%

∴ The shopkeeper makes a profit of 25%