Question

_{find profit or loss and also percent of profit or loss :a saree bought for 4500 and sold for 5500}

Answer 1

$$\begin{gathered} \mathrm{CP}\mathrm{of}\mathrm{saree}=\mathrm{Rs}4500 \\ \mathrm{SP}\mathrm{of}\mathrm{saree}=\mathrm{Rs}5500 \\ \mathrm{Since},\mathrm{SP}>\hspace{0.17em}\mathrm{CP},\mathrm{so}\mathrm{profit}\mathrm{ocurrs}. \\ \mathrm{Now},\mathrm{profit}=\mathrm{SP}-\mathrm{CP} \\ =5500-4500 \\ \mathrm{Rs}1000 \\ \mathrm{Profit}\%=\left[\frac{\mathrm{Profit}}{\mathrm{CP}}\times 100\right]\% \\ =\left[\frac{1000}{4500}\times 100\right]\% \\ =22.22\% \end{gathered}$$