Question

priya bought an article for Rs. 1450 and spent Rs. 100 on its transportation. She sold it for Rs. 1650. Find her profit or loss percent.

Answer 1

CP of an article = Rs. 1450
transportation charges = Rs. 100
Total CP = Rs. (1450 + 100) = Rs. 1550
SP = Rs. 1650

profit = SP - CP = 1650 - 1550 = Rs. 100

$profit\%=\left[\frac{profit}{CP}\times 100\right]\%=\left[\frac{100}{1550}\times 100\right]\%\approx 6.45\%$