It a cycle is sold for rs 17250 there is again of rs 2250. what is the gain percentage
2 answers:
Answer:
15%
Step-by-step explanation:
profit=sp -cp
cp=sp-profit
=17250-2250
=15000
profit%= profit amount/cp *100%
=2250/15000×100
= 15
Answer:
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Step-by-step explanation:
Given,
SP ( Selling price ) = Rs 17250
Profit ( P ) = Rs 2250
CP ( Cost price ) = Rs 17250 - Rs 2250 = Rs 15000
Now, let's find the profit / gain percentage :
Profit % =
plug the values
⇒
Calculate
⇒
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We know that , profit and loss are calculated on cost price ( CP ). So, profit percent and loss percent can be calculated by using the following formula :
Hope I helped!
Best regards!!
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