Question

Marchall bought 20 refill and sold them at $4 each If the it had cost $50 for the refill, what was his profit or loss percent?

Answer 1

Total SP=4×20
SP=80
CP=₹50

Profit = SP-CP
Profit= 80-50 =30

P%=profit/CP ×100
P%=30/50×100
P%=30×2
P%=60%

Answer 2

Answer:

60%

Step-by-step explanation:

CP of refills = 50

SP of refills= 20×4

=80

80-50=30

Profit% = P×100/CP

30×100/50 = 60%