Tell what is profit or loss in the following transactions. Also
find profit percent or loss percent.
A calculator bought for Rs 500 and sold it for Rs 550.
Answers
Answered by
2
Answer:
50 rupees that is 10% profit.........
Answered by
0
Answer:
it is Profit
profit=50
profit %=10%
Step-by-step explanation:
cost price-500
selling price-550
profit=selling price -cost price
=550-500
=50
profit %=(profit×100)/cost price
=(50×100)/500
=5000/500
=10%
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