Question

A shopkeeper buys article for ₹ 420 and sells it for ₹ 560. find his profit or loss percent
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Answer 1

Given : Cost Price of an article is Rs.420 and Selling price is Rs.560 .

To Find : Find the Profit or Loss %

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SolutioN : As Selling Price is more than the Cost price .So, there's a Profit . Let's Solve :

$\maltese$ Formula Used :

• ${\underline{\boxed{\pmb{\sf{ Profit \; \% = \bigg\lgroup \dfrac{ Selling \; Price - Cost \; Price }{ Cost \; Price } \bigg\rgroup \times 100 }}}}}$

$\maltese$ Calculating the Profit % :

$\begin{gathered} \qquad \; \longrightarrow \; \; \sf { Profit \; \% = \bigg\lgroup \dfrac{ Selling \; Price - Cost \; Price }{ Cost \; Price } \bigg\rgroup \times 100 } \\ \\ \\ \end{gathered}$

$\begin{gathered} \qquad \; \longrightarrow \; \; \sf { Profit \; \% = \bigg\lgroup \dfrac{ 560 - 420 }{ 420 } \bigg\rgroup \times 100 } \\ \\ \\ \end{gathered}$

$\begin{gathered} \qquad \; \longrightarrow \; \; \sf { Profit \; \% = \bigg\lgroup \dfrac{ 140 }{ 420 } \bigg\rgroup \times 100 } \\ \\ \\ \end{gathered}$

$\begin{gathered} \qquad \; \longrightarrow \; \; \sf { Profit \; \% =\dfrac{14000}{420} } \\ \\ \\ \end{gathered}$

$\begin{gathered} \qquad \; \longrightarrow \; \; \sf { Profit \; \% = \cancel\dfrac{14000}{420} } \\ \\ \\ \end{gathered}$

$\begin{gathered} \qquad \; \longrightarrow \; \; {\underline{\boxed{\sf{ Profit \; \% = 33.33 \; \% \bigg( Approx. \bigg) }}}} \; {\pink{\bigstar}} \\ \\ \\ \end{gathered}$

$\therefore \;$ Profit % is 33.33 % (Approx.) .

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Answer 2

refer the given attachment