Question

A shopkeeper bought a washing machine at a price of ₹ 18000 and sold it for

₹ 17460. Find his profit or loss percent.​

Answer 1

Answer:

3%

Step-by-step explanation:

Loss = 18000-17460 = 540

Loss% = 540/18000*100 = 3%

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Answer 2

Given :

_________

• Cost Price and Selling Price.

To Find :

___________

• His Profit or loss percentage.

Check loss or profit :

_________________________

Since,

• CP = ₹ 18000
• SP = ₹ 17460

Here, CP > SP. Therefore, there is loss.

$\therefore \sf \: Loss = CP - SP \\ \sf = ₹(18000-17460) \\ \sf= \: ₹ \: 540$

Loss% Formula :

_____________________

• $\boxed{\begin{gathered}\small \tt \frac{loss}{cost \: price} \times \: \small 100 \%\end{gathered}}$

Solution :

____________

$\rm \: Loss \: percent \: = \frac{loss}{cp} \times100 \% \\ \\ = \frac{540}{18000} \times100\% \\ \\ \: \: = \bf 3 \: \% \: \: \: \: \: \: \: \: \: \:$

More Formulas :

_____________________

• To find SP when there was profit :

$\rm \: SP \: = \bigg( \frac{100 \: + \: profit}{100} \bigg) \times \: CP$

______

• To find CP when there was profit :

$\rm \: CP \: = \bigg( \frac{100}{100 \: + \: profit} \bigg) \times \: SP$

______

• To find SP when there was loss :

$\rm \: SP \: = \bigg( \frac{100 \: - \: loss}{100} \bigg) \times \: CP$

______

• To find CP when there was loss :

$\rm \: CP \: = \bigg( \frac{100}{100 \: - \: loss} \bigg) \times \: SP$