Question

if a cupboard is out for rupees 2, 500 and sad at rupees 3,000 then find the profit per cent or loss percentage​

Answer 1

Answer:

It is a profit of 20%

step-by-step:

CP = rs. 2500

SP = rs. 3000

CP < SP

It is a profit

P = SP - CP

P = 3000 - 2500

P = 500

$p \% \: = \: \frac{p}{cp} \times 100 \\ p\% \: = \: \frac{500}{2500} \times 100 \\ p\% \: = \: 20\%$

therefore it is a 20% gain