Question

3. A man buys a radio set for Rs.900 and sells it for Rs.972. What is his profit or loss percent?

Answer 1

SOLUTION :-

A man buys a radio set for Rs 900

So,

C.P of the radio set = Rs 900

The man sells the radio set for Rs 972

So,

S.P of the radio set = Rs 972

Now,

C.P < S.P

Than its a profit

Now,

Profit = S.P - C.P

Profit = Rs 972 - Rs 900

Profit = Rs 72

Now,

Profit% = $\frac{Profit}{C.P} \times 100$

Profit% = $\frac{72}{900} \times 100$

Profit% = 8%

Hence,

The profit% was 8%

Answer 2

Hello!

Question:

A man buys a radio set for Rs.900 and sells it for Rs.972. What is his profit or loss percent?

Solution:

C.P = Rs.900
S.P = Rs.972

Now,

Profit = S.P - C.P

= Rs.972 - Rs.900

= Rs.72

Again,

Profit Percent = Profit/C.P × 100%

= 72/900 × 100%

= 8%

Hence, His profit percent is 8%.