An article was first test for Rs.4800 and sold for Rs.6000 find the gain or loss percent
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An article was first test for Rs.4800 and sold for Rs.6000 find the gain or loss percent
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Answer:
25%
Step-by-step explanation:
Cost price of article = ₹ 4,800
Selling price of article = ₹ 6,000
Profit = ₹ (6,000 - 4,800)
= ₹ 1,200
Profit percentage = 1,200 x 100/4,800
= 25%
Hence, the profit percentage was 25%.