Question

a bookseller bought books worth rs. 1500 and incurred loss rs. 500.if he sold the books for rs. 2400,then find the profit percent.
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Answer 1

Answer:

20%

Step-by-step explanation:

A bookseller bought books worth ₹1500

Incurred loss ₹500

Therefore, the bookseller bought = Worth + Loss = ₹1500 + ₹500 = ₹2000

This is the cost = ₹2000

Sold the books = ₹2400

Profit = Sales - Cost = ₹2400 - ₹2000 = ₹400

profit percent = $\frac{profit}{cost} times 100$% = $\frac{400}{2000}$ times 100% =20%