Question

11. If Rehman has bought a table for
Rs 2500 and sold for Rs 2600.
Calculate his profit %.*
​

Answer 1

Answer:

4 %

Step-by-step explanation:

Cost price = Rs 2500

Selling price = Rs 2600

Profit = Selling price - cost price

= 2600 - 2500 = Rs 100

profit % = (profit/ cost price) * 100

= (100 / 2500) * 100          

= 1 / 25 * 100

= 4

Profit % = 4%