Question

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.​

Answer 1

Answer:

50 rupees that is 10% profit.........

Answer 2

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%