Question

A shopkeeper bought an article for Rs 750 and spent Rs 50 for the repair. If he sells the article for Rs 900,

find his profit or loss in terms of percentage.​

Answer 1

Step-by-step explanation:

=shopkeeper bought an article for = Rs 750

=he spent to repair it = Rs 50

=he sells the article in = Rs 900

=his profit or loss percent

=formula of profit percent = 100×profit / cp

=formula of loss percent = 100×loss / cp

=his profit or loss = 750 - 50 = 700

= 900 - 700 = 200 profit

=profit percent = 100 × 200

750

= 26 % ans

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