Question

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

Gardening shears bought for $Rs.250$ and sold for $Rs.325$ ?

Answer 1

CP $=$ Rs. $250$

SP $=$ Rs. $325$

Here $SP>CP$

So, profit $=SP-CP$

$=325-250$

$=75$

Profit $=\frac{Profit}{CP}\times 100$

$=\frac{75}{250}\times 100$

$=30\%.$

Hence, the answer is profit per cent is $30\%.$