A shopkeeper purchased bulbs for 2,00000 and 50,000 for transport he sold it for 5,00000. find his loss or gain percent.
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Answer:
100%
Step-by-step explanation:
C.P.=200000+50000=250000
S.P.=500000
Profit=SP-CP=500000-250000=250000
Gain %= (gain/cp)×100= (250000/250000)×100
=100%(Ans.)
ps:- the reason why its 100% bcoz of profit=cp
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