Question

The cost price of an item is Rs 2,000. The transport charges are Rs 500. It is sold for
Rs 3,000. Find the profit or loss per cent?

Answer 1

Step-by-step explanation:

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Answer 2

Given : The cost price of an item is Rs 2,000. The transport charges are Rs 500. It is sold for  Rs 3,000

To Find :   the profit or loss per cent

Solution:

Cost price of Item  = 2000  Rs

Transport charge = 500 Rs

Total Cost Price  = 2000 + 500 = Rs 2500

Sold for Rs 300

Selling Price  =  Rs 3000

SP > CP  Hence Profit

Profit = SP - CP

= 3000 - 2500

= Rs 500

Profit  % = ( Profit / CP ) * 100

=  (500/2500) * 100

= 20 %

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