Question

Rahul bought a sofa set for 25000 and sold it for 32000 what was his profit or loss

Answer 1

$7,000

Explanation:

Answer 2

Rahul bought sofa set for 25,000.,

Sold it for 32,000,

Cost price = 25,000,

Selling price = 32,000,

Rahul earns profit as the cost price is less than selling,

Profit = S.P - C.P, = 32,000 – 25,000, 0 pens.,

= 7000, Rahul earns profit of 7000.

Explanation: