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Tell me what is the profit or loss in the following transactions. Also, find profit percent or loss percent in each case. A skirt bought for ₹ 250 and sold for ₹ 150.

Harshit Singh , 3 Years ago
Grade 12th pass
anser 1 Answers
Harshit Singh

Last Activity: 3 Years 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 loss
Loss = (CP)–(SP)
=₹(250 - 150)
= ₹100
Loss % = {(Loss/CP) × 100}
= {(100/250) × 100}
= {10000/250}
= 40%

Thanks

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