Exercise
For the below questions, calculate Profit/Loss and also Profit/Loss %
a. Joseph bought a phone for 19235 and sold it on OLX for 17500.
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Answer:
Cp = 19235, sp = 17500 because the cost price is more so he have loss. loss= cp - sp, 19235-17500 = 1735. profit % = 1735×100÷19235 = 9.02% loss
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