Question

Sarthak purchased a sport kit for $5760 and sold it for $6500.Find his profit or loss percent​

Answer 1

Purchase at(cost price)n= 5760

Sell price = 6500

Profit = s.p - c.p

= 6500 - 5760

= 740

Profit percentage = profit / c.p × 100

=740/5760 ×100

= 12.84%

Hence , profit percentage is 12.84 %

Answer 2

Answer:

11.4 %

Step-by-step explanation:

CP = $5760

SP = $6500

SP > CP

Therefore, there is a gain

gain = 6500 - 5760 = 740

therefore, gain % = (gain)/(CP) x 100

                             = 740/5760 x 100 = 11.4%