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i) Gardening shears bought for ₹ 250 and sold for ₹ 325.
Sol:- Here, SP > CP. Therefore, it is profit.
Profit = SP - CP
Profit = 325 -250
Profit = ₹ 75
Profit % = Profit/CP × 100
Profit % = 75/250 × 100
Profit % = 30 %
ii) A shirt bought for ₹ 250 and sold at ₹150
Sol:- Here, CP > SP. Therefore, it is loss.
Loss = CP - SP
Loss = 250 - 150
Loss = ₹ 100
Loss % = Loss/CP × 100
Loss % = 100/250 ×100
Loss % = 40 %
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