You visited us 2 times! Enjoying our articles? Unlock Full Access!

Calculating Profit and Loss Percentage

A bag was bou...

Question

A bag was bought for ₹ 250 and sold for ₹ 265. Find loss or gain percent.

Loss % = 12%

No worries! We‘ve got your back. Try BYJU‘S free classes today!

gain % = 10%

No worries! We‘ve got your back. Try BYJU‘S free classes today!

gain % = 6%

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Loss % = 10%

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C
gain % = 6%

Since SP > CP, we have profit.
Profit = SP - CP
= 265 - 250
= ₹ 15

$G a i n % = \frac{G a i n}{C P} \times 100$

$G a i n % = \frac{15}{250} \times 100$
$= 6 %$

Suggest Corrections

Similar questions

250

325

2500

3000

2000

2500

Tell what is the profit or loss in the following transactions. Also find profit

percent or loss percent in each case.

(a) Gardening shears bought for Rs 250 and sold for Rs 325.

(b) A refrigerator bought for Rs 12,000 and sold at Rs 13,500.

(d) A skirt bought for Rs 250 and sold at Rs 150.

R s . 250

R s . 325

R s . 12, 000

R s . 13, 500

R s . 2, 500

R s . 3, 000 .

R s . 250

R s . 150

Join BYJU'S Learning Program