Question

Mr Ravi bought a washing machine for rupees 15,000 and sold it for rupees 17,000. Find his profit or loss percent.

Answer 1

Step-by-step explanation:

Solution:

Here, C.P = Rupees 15,000

S.P = Rupees 17,000

As S.P > C.P, therefore Ravi made a profit.

Profit = S.P – C.P = 17,000 – 15,000 = Rupees 2000

Profit % = Profit/C.P X 100 = 2,000/15,000 X 100 = 13.33%

Answer 2

Answer:

cp of washing machine = ₹ 15000

sp of washing machine = ₹ 17000

PROFIT = ₹ 17000 - ₹ 15000

= ₹ 2000

${ \tt{profit \: \% \: = \frac{profit}{cp} }} \times 100 \\ = \frac{2 \cancel{000}}{ \cancel{15}\: \cancel{000}} \times \cancel{100} \: 20 \\ \: \: \: 3 \\ = \frac{40}{3} \% \: { \tt \red{ans}}$

HOPE THIS HELPS ❤️