Question

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A shopkeeper bought a chair for 6400 and sold it for 7200. Find
profit or loss and also its percent.​

Answer 1

Answer:

cp = 6400

sp = 7200

6400< 7200

so it is a profit

p = sp - cp

p= 7200-6400

= 800

profit% = p×100/cp = 800×100/6400 = 12.5 answer

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Answer 2

Answer:

profit of 12.5%

Step-by-step explanation:

the CP = 6400

SP= 7200

CP < SP profit= 7200-6400

=800rs

profit%=profit÷CP×100

= 800÷6400×100

= 12.5%

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