Question

A dealer buys an article for ₹2400 and sells it for ₹3000. calculate his (i) profit (ii) profit percent.

Answer 1

Hey dude!!

Here's your answer

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Cost price = 2400

Selling price = 3000

So , profit

= ( 3000 - 2400 )

= 600

And percentage of profit ,

= 600 / 2400 × 100

= 25

( i ) → Profit is 600 and ( ii ) percentage is 25 %

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Hope it helps you dear ! :)

Answer 2

Cost price (cp) = ₹2400
Selling price (sp) = ₹3000
Sp > cp then,
Profit = ₹ (3000-2400)
= ₹ 600
Profit % = profit /cp*100
= 600/2400*100 = 25%