Question

Amrish bought 4 sweaters at rupees 250 each and sold them at rupees 275 each. what was his profit or loss percent?

Answer 1

If it is right answer then please mark me as brainly

Answer 2

His profit will be 10%.

Given data :

He bought 4 sweaters at ₹250/piece.

He sold 4 sweaters at ₹275/piece.

So,

Total purchase price = (250×4) = ₹1000

Total selling price = (275×4) = ₹1100

Total profit = (1100-1000) =₹100

(When the selling price is greater than the purchase price then the deal is considered as profitable deal)

Profit percentage = 100× 100/1000 = 10% (answer)