Question

Rekha sold a carpet for rupees 10,000 , cost price of the carpet was 8000, find the profit or loss???

Answer 1

Answer:

There is a profit of 2000

The gain percent is 2000/8000*100

= 25%

hope it helps you

Answer 2

Answer:

there is a profit as the selling price is higher than the cost price

formula of profit = selling price - cost price

so 10,000 - 8000

property = 2,000