Question

mr arun buys a TV set for rupees 12000 and sells it for rupees 4800 what is the profit or loss percent

plz do it fast​

Answer 1

Answer:

Cost price of refrigerator =Rs.12000

Selling price of refrigerator =Rs.4800

Therefore,

Profit = Selling price − Cost price

∴ Profit =12000−4800=Rs.7200

Now as we know that,

Profit %=

C.P.

profit

×100

∴ Profit %=

12000

7200

×100=160

Hence the loss% is .1