Question

if a cupboard is bought for 2,500 and sold at Rs 3,000 then find profit percent loss​

Answer 1

Answer:

profit of 20 Percent is made

Answer 2

Given:

Cost Price: Rs 2500

Selling Price: Rs 3000

To Find:

Profit or Loss Percentage

Solution:

CP is Rs 2500 and SP is Rs 3000, we can see that SP is more than CP. Hence, Profit occurred.

Finding the Profit:

Profit = Selling Price - Cost Price

Profit = 3000 - 2500

Profit = 500

Hence, The Profit is Rs 500.

Now, Finding the Profit Percentage:

$= > \dfrac{profit}{cp} \times 100$

$= > \dfrac{500}{2500} \times 100$

$= > \dfrac{50000}{2500}$

$= > 20\%$

Hence, The Profit Percentage is 20℅