Question

dev purchased skates. for Rs 1000 and sold it for Rs 1250 find his profit\loss%

Answer 1

Answer:

20 percent

Step-by-step explanation:

Solution

SP=1000CP=1250

Loss %=CPCP−SP×1001250250×100=20%

Answer 2

Answer:

Profit % = 25 %

Step-by-step explanation:

According to the information provided in the question it is given as

Dev purchased skates =1000 =C P

Sold it by =1250 = S P

We need to find the profit or loss %

Profit is there because selling price is more than cost price

Profit = SP- C P

         = 1250 -100

         = 250 Rupees

Profit % = profit x 100 / C P

Profit % = 250 x 100 /1000

convert to lowest term we get

Profit % = 250 x 1 /10

Profit % = 25 %