Question

A dealer bought 1000 articles for #6 000 and sold them at #9 each. Find his percentage profit. Select one: a. 60% b. 90% c. 70% d. 50%

Answer 1

Answer:

d. 50%

Step-by-step explanation:

C.P. = 6000

S.P. = 9.1000 = 9000

Profit = S.P. - C.P. = 9000 - 6000 = 3000

Profit Percentage = Profit/C.P. × 100

= 3000/6000 × 100 = 1/2 × 100 = 50%

Hope it helps you.........