FIND THE PROFIT OR LOSS PERCENT.

C.P=Rs225,overheads=Rs15,S.P=Rs300.Find the profit or loss percent.
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Total cost is CP+on-costs (overheads). Profit or loss is SP/(total costs) - 1. So profit or loss=300/(225+15)-1 =300/240-1=5/4 - 1 = 1/4. Expressed as a percentage this is 1/4*100=25%.

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