Question

12) Candies are bought for 5.00 each and are sold for 7.50 each. What is the percentage increase in price?​

Answer 1

Answer:

Solution:-

Bought candies of Rs 5

and Sold candies for Rs 7.5

that is

7.5-5=2.5

therefore an increase of Rs 2.5

So, we've to find what % of 5 is 2.5

Before that we've to make 2.5 a whole number

that is 2.5/5=25/50

therefore our equation is

$\frac{25}{50} \times 100 = x \\ \frac{250}{5} = x \\ x = 50$

therefore an increase of 50% ,that is profit percentage was here

Answer 2

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