Question

A businessman bought a toy for Rs. 70 and sells it for Rs. 110. What is the percentage of profit?​

Answer 1

Answer:

Profit percentage = Profit / Original cost × 100

$= \frac{40}{70} \times 100$

= 57.14 %

❤️

Answer 2

$Profit \: Percentage \\ = \frac{Profit}{Original \: Price }$

$= \frac{40}{70} \times 100$

$= \frac{4000}{70}$

$= 57.14 %$