Math, asked by karthik445416, 4 months ago

an article was bought for rs 5000 and sold for rs 6500. find gain or loss

Answers

Answered by manshi007963

6

Answer:

cost price = 5000 rs.

selling price = 6500 rs.

as selling price > cost price there is a profit

profit = selling price - cost price = 6500 - 5000 = 1500 rs.

profit percentage = profit x 100 / cost price = 1500 x 100 / 5000 = 30 %

hope it helps you

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