Question

Rajesh about a TV for rupees 8000 and sold it for rupees 8560 find his profit or loss percent

Answer 1

He will gain a profit
Profit = selling price -cost price
=> profit= 8560-8000
= ₹560
=> profit percent= profit /cost price *100
=560/8000*100
=7%

Answer 2

8560-8000=560

rajesh got 560 rupees profit

profit%=560/8000 *100

=56/8%

7%

loss %=0