Question

A table bought for Rs 2,500 and sold at Rs 3,000. Find profit or loss percent.

Answer 1

Hello,

The cp of table is equal to rs 2500

Sp is equal to rs 3000


Profit is equal to = sp - cp
Profit is equal to =

3000 - 2500 = rs 500

Now ,
Profit percentage is equal to
$p\% = ( \frac{profit}{cp} \times 100) \\ \\ = ( \frac{500}{2500} \times 100)\% \\ \\ = ( \frac{100}{5} )\% \\ \\ = 20\%$
Hence,

The profit percentage is equal to 20%



Hope this will be helping you....

Answer 2

$given \\ cp = 2500 \\ sp = 3000 \\ \\therefore \: it \: is \: a \: case \: of \: gain \: because \: sp \: is \: greater \: than \: cp \\ gain = sp - cp \\ gain = 3000 - 2500 \\ = 500 \\ gain\% = \frac{gain}{cp} \times 100 \\ \frac{500}{2500} \times 100 \\ gain\% = 20$
HOPE IT HELPS YOU