Question

mr solanki bought a sofa set for rs 24500. he paid cartage of rs 5000. he sold sofa set at a price of rup 41300. find the frofit or loss percent.

Answer 1

cp of sofa set=24500 cost of cartage=5000 total cp=29500 sp=41300 since sp>cp so it is profit profit=sp-cp =11800 profit percent=(profit*100)/cp =11800*100/29500 =40%