Question

vikaas brought a transistor for rupees 500 and sold it for 550
what is loss or gain percent​

Answer 1

Answer:

Selling Price of a chair =Rs 550

Cost Price of a chair =Rs 500

Profit =Rs(550-500=50)

therefore, profit %=((50/500)*100)=10%

Hope this helps.

                    (or)

profit =550-500=50

profit %=50/500*100

=50/5=10%

this is the answer according to me

Answer 2

Answer:

Profit = 50

Profit % = 10 %

Step-by-step explanation:

Selling cost = 550

Cost price = 500

Profit = (550 - 500) = 50

Profit % = (50 / 500 )× 100 % = 10 %