Question

36.
Zafar bought a plot of land for Rs, 8,50,000 and later sold the same for
Rs, 11,90,000. Express his profit in cash and in percent.​

Answer 1

Answer:

P = Rs. 3,40,000, P% = 40%

Step-by-step explanation:

P = S.P - C.P

= 1190000 - 850000

= Rs. 3,40,000

P% = P/C.P × 100

= 340000/850000 × 100

= 0.4 × 100

= 40%

Therefore, Zafar earned a profit of Rs. 3,40,000 and made a profit per cent of 40%.

Answer 2

● Given :-

• Cost price :- ₹ 850000
• Selling price :- ₹ 1190000

● To Find :-

• Profit and profit percentage of the plot

● Formula :-

• $\bigstar\boxed{\sf \red {Profit = Selling \: Price - Cost \: Price}} \bigstar$

• $\bigstar \boxed{\sf \blue {Profit \% =\big(\dfrac{Profit} { CP }\times 100\big)}} \bigstar$

● Solution :-

★Profit :-

$\longrightarrow \sf1190000 - 850000$

$\dashrightarrow \sf340000$

★Profit percentage :-

$\longrightarrow \sf \frac{340000}{850000} \times 100$

$\longrightarrow \sf 0.4 \times 100$

$\longrightarrow \sf 40 \: \bf\%$

∴The profit is ₹ 340000 and profit percentage is 40%.