Question

ramkali purchased a mask for rs 475 and sold it for rs 525 find the profit or loss percentage​

Answer 1

Answer:

Profit = Selling price - Cost price

Profit = 525 - 475 = 50

Answer 2

To Find:-

Loss or Profit Percentage

Solution:-

step-by-step explanation:

Here,

C.P. = Cost Price

S.P. = Selling Price

Amount of Money Ramkali purchased a mask = Rs.475

Amount of Money she sold the mask = Rs.525

here,

Cost Price = Rs.475

Selling Price = Rs.525

Since, S.P. is greater than C.P.

$\therefore$ Profit

Now, By the Problem

Gain = S.P. - C.P.

Gain = Rs. 525 - Rs. 475

Gain = Rs. 50

$\therefore$

$Gain\% = \bigg( \dfrac{50}{475} \times 100\bigg)$

$Gain\% = 10.526\%$

Required Answer:

The Profit percentage = 10.526%

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Some Important Concepts

• Gain = S.P. - C.P.
• Loss = C.P. - S.P.
• Loss% = ( Loss / C.P. × 100 )
• Profit% = ( Profit / C.P. × 100 )

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