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:

cp=350+150=600 sp=600 profit=600-500=100 profit percent=100/500x100=20%

Step-by-step explanation:

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Answer 2

Answer:

20% profit

Step-by-step explanation:

Cost Price (CP) of article = ₹350

Overhead expenses = ₹150

Total CP = CP + Overheads = ₹350 + ₹150 = ₹500

Selling Price (SP) = ₹600

Profit = SP - CP = ₹600 - ₹500 = ₹100

Profit % = 100/500 × 100 = 20%