if a cupboard is bought for rs.2,500 and sold at rs.3,000,then find profit percent or loss percent.
give the answer step -by-step .
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Answers
Answered by
18
Given,
The purchasing price = Rs. 2500
The selling price = Rs. 3000
To find,
The profit or loss percentage.
Solution,
Now, we can easily solve this mathematical problem by using the following mathematical process.
In this case,
Selling price > Purchasing price
So, it is a profitable deal.
Profit amount = Selling price - Purchasing price = 3000-2500 = Rs. 500
Profit percentage = 100 × Profit amount/Purchasing price = 100 × 500/2500 = 20%
Hence, there will be 20% of profit.
Answered by
11
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:
Hence, The Profit Percentage is 20℅
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