Question

A businessman buys 500 articles at 80 each. He spends 5 per article as
storage cost. If the articles are sold for 100 each, calculate the profit percent of
the businessman.​

Answer 1

Step-by-step explanation:

each article price is rs. 80 .

so ,500 article price is rs . 40000

spends as storage cost 5 per article = 500-5 = 445 and 1 article sold rs 100 so 445 articles sold rs 44,500

therefore profit =CP-SP = 44500-40000= 4500

• profit % = profit / cp × 100= 4500× 100÷ 40000= 11.25
• is this correct ? because I am not sure

Answer 2

Step-by-step explanation:

this answer is wrong because subtraction is also wrong