Question

A book is bought for Rs. 450 and sold for Rs. 495 . Find the percentage of profit.

Answer 1

Hi,

Here's ur answer:-

CP = Rs.450

SP = Rs.495

As SP>CP, it is a profit.

Profit = SP - CP = Rs.495 - Rs.450= Rs.45

Profit% = Profit/CP × 100% = 45/450×100% = 10%

So, the answer is 10%.

HOPE IT HELPS (^_^)