Question

the S.P of an article is ₹ 1200 and the C.P is 5/4 times of S.P. Find the profit or loss by percentage​

Answer 1

Step-by-step explanation:

It is given that

C.P of an article =₹1,200

We know that

S.P =5/4 of C.P

Substituting the values

S.P=5/4×1200=₹1,500

Gain = S.P – C.P

Substituting the values

=1500–1200

=₹300

Gain percent =(gain×100)/C.P

Substituting the values

=(300×100)/1200

=25%

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Answer 2

Answer:

LOSS%=20%

Step-by-step explanation:

S.P =1200

C.P=5×1200/4

C.P=1500

LOSS=C.P-S.P

LOSS=1500-1200=300

LOSS%=Loss×100/C.P

LOSS%=300×100/1500

LOSS%=300/15

=100/5

LOSS%=20%

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