Question

shopkeeper bought a table for rs 3050 he sold it for rs 4500 find his profit or lose​

Answer 1

Answer:

Here, the cost price is less than the selling price, so there will be profit.

We know,

Profit % =

C.P

profit

×100

Profit =3000−2500=500

Profit % =

2500

500

×100

=20%

Answer 2

Answer:

It is a profit.

Step-by-step explanation:

Profit = S. P - C. P

P = rs 4500 - rs 3050

P = rs 1450

Therefore, it was a profit of Rs 1450.