Please i am asking this question second time please answer correct
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Question :
The selling price of an article is Rs. 25,000 and it's cost Price is ⅗ of its selling price. Find the gain or loss of the article.
Given :
To find :
The profit or loss percentage of the article .
Solution :
According to the given information, the cost price is ⅗ of the selling price , so here we can find the cost price of the article.
A/c,
Now, using the above formula and substituting the values in it, we get :
Hence the cost price of the article is Rs. 15000.
Since, the cost price is lesser than the selling price , it's a profit.
We know that :-
Hence, the profit gained is Rs. 10000.
Now , using the formula for Profit Percentage and substituting the values in it, we get :
Hence, the profit Percentage is 66½ %.
Answer:
▪︎Given -:
Selling price of an article = Rs.25,000
Cost price of the article to its selling price in fraction =
▪︎To find -:
Gain or loss percent of the article
▪︎Taken -:
See , find find the cost price of the article :
Now , after finding the Cost Price just find the profit or loss . To find profit or loss just use this formula .
If profit :
If loss :
After the loss or profit will come then find the loss or profit % . Use this formula to find loss or profit percent.
If profit :
To find profit percent :
Here , Pp is Profit percent .
If loss :
To find loss percent :
Here , Lp is Loss percent .
▪︎Solution -:
• First cost price :
So , the cost price is ₹ 15,000 .
And after selling the article it has gain .
• Now , find profit :
So , the profit is ₹ 10,000 .
• At last , find the profit percent :
▪︎Answer -:
So , the gain percent in the article is 66.66 (approx) % .