An article was bought for 3750 and sold for 5000 calculate the profit

1.	An article was bought for 3750 and sold for 5000 calculate the profit or loss per cent
Answer» Step-by-step EXPLANATION: CP=3750 SP=5000 So..SP>CP So there will be gain... So now we will subtract 3750 from 5000 5000-3750 =1250... If there is gain so we will subtract CP from SP And if there is loss so we will subtract SP from CP I hope this will help you ...

An article was bought for 3750 and sold for 5000 calculate the profit or loss per cent

Answer»

Step-by-step EXPLANATION:

CP=3750

SP=5000

So..SP>CP

So there will be gain...

So now we will subtract 3750 from 5000

5000-3750

=1250...

If there is gain so we will subtract CP from SP

And if there is loss so we will subtract SP from CP

I hope this will help you ...