a cell phone was bought for 1500 and then it was sold for 1650 . what is per cent profit
Answers
Answered by
3
Answer:
CP=Rs 1500
SP= Rs 1650
profit =Rs(1650-1500)=Rs 150
profit percentage=150×100/1500%=10%
Answered by
13
Before, finding the answer. Let's find out how we can find the answer.
- In this question, we are asked to find the Profit percent.
- So, to find the Profit percent, we must use the formula of :
______________________
Given :
- Cost Price = Rs. 1500
- Selling Price = Rs. 1650
To find :
- Profit percent
Solution :
⇒ First, we have to find the Profit.
Profit = S.P - C.P
= 1650 - 1500
= 150
⇒ Now, we can find the Profit Percent.
⇒ Here, we have to multiply the profit by 100. And then divide it by the Cost Price of the Cell phone.
Profit Percent = Profit × 100/Cost Price
= 150 × 100/1500
= 15000/1500
= 10%
Therefore, the profit percent of the cell phone is 10%.
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