Question

Krishna bought a mobile phone Rs 10,000 and sold it at Rs 12,000.Find his gain or loss

Answer 1

Answer:-

20 %

Step-by-step explanation:-

Profit % $= \frac{profit}{Cost Price}$

             =  $\frac{2,000}{10,000}$ × 100 %

              = 20%

||MrCuteKing||

Answer 2

Answer:

• Profit (%) = (Selling price-Cost price)/Cost price×100

= (12000-10000)/10000×100

= 2000/10000×100

= 20 %

• Krishna has gained Rs 2000.
• Gain percentage is 20 %.