A man bought a camera for RS 460 and sold it at 5 percent profit and find the loss amount and selling price of the item
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Given :- A man bought a camera for RS 460 and sold it at 5 percent profit and find the profit amount and selling price of the item ?
Solution :-
→ CP of camera = Rs.460 .
→ Profit = 5% .
So,
→ Profit = 5% of 460 = (5 * 460) / 100 = Rs. 23 .
Then,
→ Selling Price of camera = CP of camera + Profit in Rs. = 460 + 23 = Rs. 483 (Ans.)
Hence, Profit amount is Rs.23 and selling Price of camera is Rs.483 .
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