the cost price of an item is Rs 2000 the transport charges are Rs 500 it is sold for Rs 3000 find the profit or loss percent
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Answered by
1
Answer:
profit (3000-2000+500)
₹500
Answered by
1
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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