sai has 5 pens its cost 50.5/- .he sold it for 60/- .how much his profit/loss percentage
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Answer:
18.81%
Step-by-step explanation:
CP = Rs. 50.5
SP = Rs. 60
Since SP is greater, there's a gain.
Therefore,
Gain = SP - CP
= Rs. ( 60 - 50.5 )
= Rs. 9.5
Gain % = (Gain/CP)×100
= ( 9.5/50.5 )×100
=18.81 %
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