Satish purchases an almirah for₹7300 and sells for ₹9600 he spends ₹ 700 on its transportation determine its profit or loss percent?
Answers
Answered by
0
Answer:
Profit = 20%
Step-by-step explanation:
Satish spent on almirah and transportation
= 7300+ 700
= 8000
He sold it for 9600
Profit = [{ 9600-8000 ) / 8000] * 100
= [(1600/8000)] * 100
= 0.2 * 100
= 20%
Similar questions