Question

Rajneesh purchase the LED for rupees 34500rupees 500 on its transport later is sold it to Lalitpur rupees 42000 calculate his gain or loss percent

Answer 1

Given:Cost price=34500+500=35000

To find:Profit/Loss%

Solution:
Cost price=35000
Selling price=42000

As Selling price is greater than coat price its clearly a profit

Profit =42000-35000=7000
Profi%=6%

Hope it helps.