Question

A car dealer buys a second har car for Rs 40000 and sells it two weeks later for Rs 52000.

What is his percentage profit?​

Answer 1

Answer:

30%

Step-by-step explanation:

CP= 40000

SP= 52000

PROFIT= SP-CP= 52000 - 40000= 12000

Hence, Profit% = (12000÷40000) ×100%

=0.3 × 100% = 30%

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Answer 2

Cost price = ₹ 40000

Selling price = ₹ 52000

Profit = Selling price - Cost price

= ₹ (52000 - 40000)

= ₹ 12000

Profit% = (Profit/Cost price) × 100%

= (12000/40000) × 100%

= 30%

Hence, his profit percentage is 30%.