Question

Arjun bought a new phone for 60000 and paid 20000 for its transportation then he sold it for 90000 find his gain or loss percentage​

Answer 1

Step-by-step explanation:

cost of phone = 60000

traportation cost = 20000

so, total c.p = 60000+20000

= 80000

now, selling price = 90000

so, profit = sp - cp

=90000-80000

= 10000

profit % = profit / cp * 100

$\frac{10000}{80000} \times 100$

= 12. 5 %