A shopkeeper bought an almirah from a wholesaler for rs 5000 and sold it for rs 5700.Find his profit or loss percent.
Answers
Answered by
19
c.p.= 5000
s.p.=5700
selling price is greeter than cost prise
then their is a profit
profit=S.p.- c.p.
p=5700-5000
so the profit was the rupees=700
the shopkeeper had a profit of rupees of 700.
s.p.=5700
selling price is greeter than cost prise
then their is a profit
profit=S.p.- c.p.
p=5700-5000
so the profit was the rupees=700
the shopkeeper had a profit of rupees of 700.
Answered by
33
Selling price = 5700
Cost price = 5000
There is a profit
:.
Profit = selling price - cost price
Profit = 5700 - 5000
Profit = 700
Answer in percentage so,
Profit % = profit × 100 / CP
700 × 100 / 5000
The answer is 14 %
Similar questions