Question

Ronit bought tape recorder for₹ 15,000 and sold
it for £18,000 calculate his profit or loss
percent? ​

Answer 1

Answer:

solution :

CP = 15000

SP = 18000

SP >CP

So there is profit

Profit= SP - CP

= 18000-15000

= Rs 3000

Again,

Profit % = P/CP ×100%

=3000/15000×100%

=20 %