Question

A shopkeeper bought a suitcase for rupees 480 and sold it for rupees 540. find the profit or loss?caluculate percentage​

Answer 1

Step-by-step explanation:

selling price(SP)=540

cost price(CP)=480

profit=SP-CP

=540-480

=60

Profit percentage =profit/CP*100

=60/480*100

=12.5%