Question

Ali bought a motorcycle for Rs. 45000 and sold it for 50000. Find the profit or loss percent.

Answer 1

Profit/Cost Price X 100
Therefore,
=5000/45000X100
=11.11111.....

Answer 2

CP = 45000/-

SP = 50000/-

Profit = SP-CP = 50000/- - 45000/- = 5000/-

Profit%=Profitx100/CP=(5000/- x 100/ 45000/-)% =100/9%=11.11111....%