Question

An article was bought for ₹1200 and was sold for ₹1500. Find the profit or loss percent answer step by step fast please​

Answer 1

Answer:

25%

Step-by-step explanation:

Cost price of the cycle =1200

Selling price of the cycle =1500

SP>CP ⟹ there is a gain.

⟹Gain=SP−CP=1500−1200=300

∴ Gain Percentage =

CP

Gain

(100)=

1200

300

×100=25%

∴ The shopkeeper makes a profit of 25%

Answer 2

Answer:

PROFIT=S.P.-C.P.

1500-1200=300

PROFIT PERCENTAGE=1200/300

PROFIT PERCENTAGE=4percent