Question

A shopkeeper purchased an article for Ruppes 1600 and sold it for Rupees 1680. Find his gain or loss percent​

Answer 1

Answer:

here CP=1600Rs

SP=1680Rs

gain =(1680-1600)Rs=80Rs

gain percent=total gain×100/CP

=80×100/1600%

=5%

Answer 2

Answer:

Step-by-step explanation

First of all, it is profit because S.P is greater than C.P

Profit% = Gain/C.P*100

= 80/1600*100 = 5%