Question

A dealer buys an article for ₹ 350 and pays ₹150 as transportation charges.
He sells the article for ₹ 600. Find the profit %.​

Answer 1

Answer:

20%

Step-by-step explanation:

100/500*100=20

Answer 2

Answer:

Given

• Article Price = ₹350
• Transportation Charges = ₹150
• Selling Price = 600

To Find

• Profit Percentage.

Formula

• $\rm{Profit = Selling \: Price - Cost \: Price.}$

• $\rm{Profit\: Percentage}= \dfrac{Profit \times 100}{c.p}$

Solution

❶ Firstly we find the total cost Price.

So,

${: \red\Rightarrow\sf{Article \: Price + Transportation \: Price}}$

$: \red\Rightarrow \sf{350 + 150}$

$: \red\Rightarrow{500}$

Total Cost of Price is 500.

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❷ Now We find the Profit.

${ :\red \implies\sf \pink{Profit}=\purple{ Selling \: Price - Cost \: Price}}$

$: \red\implies\sf \pink{Profit} = \purple{600 - 500}$

$:\red \implies\sf \pink{Profit} = \purple{₹ \: 100}$

The Profit of selling an article is ₹100.

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❸ Now We Find Profit Percentage

${:\red\implies\sf \purple{Profit \: Percentage}= \dfrac \pink{Profit \times 100} \pink{Cost \: Price }}$

${: \red \implies\sf \purple{Profit \: Percentage}= \dfrac \pink{100 \times 100} \pink{500}}$

$:\red \implies\sf \purple{Profit \: Percentage}= \cancel\dfrac \pink{10000} \pink{500}$

$: \red \implies\sf \purple{Profit \: Percentage}= \pink {20}$

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Therefore

The Profit Percentage of selling an article is 20%..