Question

If Cost price = 50000; Sp = 60000 then find
loss or profit percentage
​

Answer 1

Answer:

20

Step-by-step explanation:

Cost price = 50000

Sp = 60000

cp is less than sp

thus

profit = sp-cp/cp x 100

= 60000-50000/500000 x 100

= 10000/50000 x 100

= 20 percent

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