Ravi bought a laptop for ₹ 45000 and her spent ₹ 5000 to upgrade it and then sold it for ₹ 55000. find his profit or loss percent
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Answer:
profit of 5000 RS
Step-by-step explanation:
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Step-by-step explanation:
CP = 45,000 + 5,000 = 50,000
SP = 55,000
since SP > CP ∴ Its profit
Profit = SP - CP = 55,000 - 50,000 = 5,000
Profit % = Profit × 100 / CP
Profit % = 5,000 × 100 / 50,000
Profit % = 5,00,000 / 50,000
Profit % = 10 %
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