Question

A shopkeeper bought an almirah from a wholesaler for rupees 5000 and sold it for rupees 5700 .Find his profit or loss percent??​

Answer 1

Step-by-step explanation:

Selling price of the almirah = Rs 5700.

Profit = Selling price - Cost price.

Since here, the selling price is higher than the cost price, thus he gained a profit.

Profit = Rs 5700 - Rs 5000

= Rs 700.

Answer 2

Step-by-step explanation:

C.P=5000

S.P.=5700

profit =700

profit%=700÷5000×100=14