Question

Can anyone tell this answer with proper step ( step by step explanation). pls
) The cost price of an item is Rs 2,000. The transport charges are Rs 500. It is sold for

Rs 3,000. Find the profit or loss per cent?​

Answer 1

Step-by-step explanation:

total c.p= 2000+500=2500

s.p=3000

selling price is larger than cost price

so that is profit

profit=3000-2500=500

profit percent=profit/cp×100

=500/2500×100=20%

Answer 2

Given :- The cost price of an item is Rs 2,000. The transport charges are Rs 500. It is sold for Rs 3,000. Find the profit or loss per cent ?

Solution :-

given that,

→ cost price of an item is = Rs 2,000

now he spent Rs.500 on transport.

So, we can say that,

→ Total money he spent buying the item = cost Price + transport charge = 2000 + 500 = Rs.2500 .

now, given that, he sold the item for Rs.3000 .

So,

→ Total cost Price of item = Rs.2500

→ Selling price of item = Rs.3000

→ Profit = SP - CP = 3000 - 2500 = Rs.500

therefore,

→ Profit % = (Profit in Rs. * 100) / CP = (500 * 100) / 2500 = 20% (Ans.)

Hence, The profit % on the item is 20.

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