Question

Ram bought an article for Rs. 4000 and sold it for Rs. 3800. the profit or loss percent is

Answer 1

Answer:

5%

Step-by-step explanation:

Cost price of the article = 4000

Selling price of the article = 3800

profit = 4000-3800

= 200

profit% = profit /cp * 100

= 200/4000* 100

= 5%

Answer 2

Answer:

loss = cp- sp

cp=4000

sp=3800

loss=4000-3800

loss=200

loss%= loss/cp x 100

loss%= 200/4000 x100

loss% = 5%