Question

a girl bought a Doll. She sold it to another girl for ₹ 85 at a profit of ₹ 10.25. What is the profit percentage that earned from selling it​

Answer 1

Answer:

Profit Percentage = 13%.

Step-by-step explanation:

Since the girl sold the doll for ₹85, which happened to be a profit of ₹10.25, the price at which she bought the doll is ₹85 - ₹10.25 = ₹74.75.

Remember that earning a profit can only be done if an article is sold for an amount higher than the amount it is bought for.

Consider ₹74.75, the cost price, to be 100%, as the cost price is the base to calculate all profit.  We need to find what percentage Rs. 85 is.

This can be solved using a proportion.

Let the unknown quantity be x%.

74.75 ------ 100%

85     --------   x%

In a proportion, terms diagonally opposite from each other are multiplied, and are divided by the remaining term to find the unknown term.

x% = $\frac{85(100)}{74.75}$

x% = 113%. (approx).

However, this value is how much higher the selling price is compared to the cost price.

To find profit percentage, we have to subtracted the cost percentage from the selling percentage.

113% - 100% = 13%.

Profit Percentage = 13%.