Question

Mrs Rana bought a school bag for Rs 720 and sold it for Rs 900. Find her profit or loss

Answer 1

Answer:

Profit =₹ 180

Step-by-step explanation:

Cost price= ₹720

Selling price= ₹900

As, C.P ≤ S.P

So , profit

and

Profit= s.p - c.p

=900 - 720

= ₹180

Answer 2

Answer:

Cost price of the school bag - 720

Selling price of the school bag- 900

cp<sp

hence there is a profit

profit = sp-cp

= 900 - 720

= 180

profit% = profit/cost price× 100

= 180/720×100

= 25%