Question

An article is bought from Jaipur for Rs 4,800 and is sold in Delhi for Rs 5,820 If the Rs 1,200 is spent on its transportation etc find the loss or profit as percent

Answer 1

Bought for = Rs.4800

Add Transportation charges - 4800 + 1200 = 6000

Sold for = Rs.5820

Loss/Profit = SP - CP
= 5820 - 6000
= - 180

So, loss % = 180/6000 × 100 = 3 %

Answer 2

 cost price = article price + transportation cost
                 = 4800 + 1200
                 = 6000
selling price = 5820
 cost price > selling price
 therefore, it's a loss
 loss = cost price - selling price
         = 6000 - 5820
         =  Rs 180
loss % = (loss/ c.p) × 100
            = (180 / 6000) × 100
            = 3%