Question

gautam bought a car for rs 1,45000 and after some times sold it for rs 1,50,800. find the profit or loss in percentage

Answer 1

The profit percentage =4%

Answer 2

CP of car = 1,45,000

SP of car = 1,50,800

SP > CP  , he has profit

Profit % = SP - CP /CP*100  = 1,50,800-1,45,000/1,45,000*100

          = 5800/1,45,800*100

           =4%