A shopkeeper purchased 10 jackets at the rate of ₹ 225 each and sold all 10 jackets of ₹2500. Find the profit percent or loss percent on this transaction
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Cost of one jacket = ₹225
no. of jackets = 10
price = 225×10
M.P = ₹2250
S.P = ₹2500
Profit = 2500 - 2250
= 250
profit % = 250/2500 × 100
= 10% profit
no. of jackets = 10
price = 225×10
M.P = ₹2250
S.P = ₹2500
Profit = 2500 - 2250
= 250
profit % = 250/2500 × 100
= 10% profit
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