Question

one shopkeeper bought a fan for Rs. 525
and sold it for Rs. 6oo, what is his profit
Lor loss?​

Answer 1

Given:

• Cost price of the fan = Rs. 525

• Selling price of the fan = Rs. 600

To calculate:

• Profit or loss.

Calculation:

Here,

⇒ Selling price > Cost price

⇒ Rs. 600 > Rs. 525

So, here is profit.

Calculating profit:

As we know that,

⇒ Profit = Selling price - Cost price

⇒ Profit = Rs. 600 - Rs. 525

⇒ Profit = Rs. 75

Therefore, he got the profit of Rs. 75.

More formulae:

• Gain = S.P – C.P
• Loss = C.P – S.P

• $\rm { Gain \: \% = \Bigg( \dfrac{Gain}{C.P} \times 100 \Bigg)\%}$

• $\rm { Loss \: \% = \Bigg( \dfrac{Loss}{C.P} \times 100 \Bigg)\%}$

• $\rm { S.P = \dfrac{100+Gain\%}{100} \times C.P}$

• $\rm { C.P =\dfrac{100}{100+Gain\%} \times S.P}$

• $\rm { S.P = \dfrac{100-loss\%}{100} \times C.P}$

• $\rm { C.P =\dfrac{100}{100-loss\%} \times S.P}$

Answer 2

Answer:

600-525=75

the shopkeeper profit of 75 Rupees