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Profit and Loss

A shopkeeper ...

Question

A shopkeeper buys a calculator for $R s 471.50$ and sells it off for $R s 496.00$ . Find his profit or loss.

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Solution

C.P = Rs 471.50
S.P = Rs 496.00
$∵ S P > C P$
$\Rightarrow$ Profit
Profit = S.P - C.P
$\Rightarrow R s (496.00 - 471.50)$
profit $= R s 24.50$ Answer

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