Question

Rajesh puchased an electronic item from a wholesaler. Item was marked for Rs. 2500. Whole-

saler offered a discount of 20%. Rajesh sold the item for Rs. 2300. Find his profit or loss %.​

Answer 1

heya!

Total money with rajesh

= ₹2500 + ₹500  

= ₹3000 ( CP )  

SP = ₹3300  

Hence, a gain as CP < SP  

Gain = ₹(3300-3000) = ₹300  

Gain% = 300/3000 × 100 = 10 %

Answer 2

Answer:

His profit is 15%

Step-by-step explanation:

Given,

The original price of the item = 2500 rupees,

Discount percent = 20%,

The price after discount = original price - 20% of original price

= 2500 - 20% of 2500

$=2500 -\frac{20\times 2500}{100}$

$=2500 - 500$

= 2000 rupees,

Now, selling price = 2300 rupees,

Thus,

$\text{Change rate}=\frac{2300 - 2000}{2000}\times 100$

$=\frac{300}{2000}\times 100$

= 15%

Hence, he has a profit of 15%.

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