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Tell what is the profit or loss in the following transactions. Also find profit per cent or loss per cent in each case. Gardening shears bought for ₹ 250 and sold for ₹ 325.

Tell what is the profit or loss in the following transactions. Also find profit per cent or loss per cent in each case.
 Gardening shears bought for ₹ 250 and sold for ₹ 325.

Grade:12

1 Answers

Harshit Singh
askIITians Faculty 5965 Points
one year ago
Dear Student

From the question, it is given that
Cost price of gardening shears =₹250
Selling price of gardening shears =₹325
Since (SP) > (CP), so there is a profit Profit = (SP)–(CP)
=₹(325 - 250)
= ₹75
Profit % = {(Profit/CP) × 100}
= {(75/250) × 100}
= {7500/250}
= 750/25
= 30%

Thanks

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