Question

find the profit or loss percentage CP cost price is equal to 500 selling price is equal to 525​

Answer 1

Answer:

Profit% = 5%

Step-by-step explanation:

CP = 500

SP = 525

As SP > CP, there is a profit

Profit = SP - CP = 525 - 500 = 25

Profit% = 100*(Profit/CP) = 100*(25/500) = 100*(1/20) = 5

Profit% = 5%

Answer 2

Answer:

Solution:

We know that

If CP<SP then gain

And gain=Sp - Cp

=525-500

=25

Now,

Gain%=gain/cp×100

=25/500×100

=5%(ANS)