Question

Find the profit or loss percentage, if CP = 1500 rupees and SP = 1800 rupees.

Answer 1

SP=1800

CP=1500

there is a profit

profit =cp -sp

1800-1500=300

profit percentage =profit/CP ×100%

300/1500×100%

=20%

Answer 2

CP < SP = profile

CP > SP = Loss

and here CP is smaller than SP so, here we have profit.

profit = 1800-1500 = 300

Profit percent = 300/1500×100 = 20%

Hope it will be help you