Question

Might bought a CD for Rs 750 and sold it Rs 875.Find his gain or loss percent

Answer 1

Profit =875-750=125

Profit percentage=125*100/750

Profit percentage =16.66

Answer 2

Hey...!!,

C.P = Rs 750
S.P = Rs 875
Profit = S.P - C.P
= 875 - 750
= Rs 125

So! Profit % = profit / C.P x 100
= 125/ 750 x 100
= 16 whole 2/3 %

Hope it helps...!!!