Question

Gopal bought 8 articles at Rs. 1200 each and he sold them at Rs. 1400 each what is the percent profit or loss?

Answer 1

Answer:

Articles 8

Rs 1200 and 1400

and minutes and see.

Answer 2

Answer:

Cost price = Rs. 1200

Selling price= Rs. 1400

Profit = Selling price - Cost price= 1400-1200

= Rs. 200

Profit percentage= (Profit/Cost Price)×100

=(200/1200)×100=100/6=16.66