Question

It a cycle is sold for rs 17250 there is again of rs 2250. what is the gain percentage ​

Answer 1

15%

Explanation:

profit=sp -cp

cp=sp-profit

=17250-2250

=15000

profit%= profit amount/cp *100%

=2250/15000×100

= 15

Answer 2

`\boxed{ \boxed{ \sf{ \bold{ \purple{15\%}}}}}`

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 % =
`\sf{ (profit)/(cost \: price) * 100\%}`

plug the values

⇒
`\sf{ (2250)/(15000) * 100\%}`

Calculate

⇒
`\sf{15\%}`

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▪
`\underline{ \underline{ \sf{ \blue{What \: is \: the \: formula \: to \: find \: profit \: percent \: and \: loss \: percent?}}}}`

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 :

`\boxed{ \sf{Loss\% \: = (cp - sp)/(cp) * 100\%}}`

`\boxed{ \sf{ \bold{Profit\% \: = \: (sp \: - \: cp)/(cp) * 100}}}`

Hope I helped!

Best regards!!