Question

A man buys a radio set for ₹800 and sells it for₹872.The profit or loss percent is-​

Answer 1

Answer:

72%

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Answer 2

In context to questions asked,

We have to determine the value of profit percentage or loss Percentage.

As per questions,

It is given that,

CP of radio = Rs. 800

SP of radio = Rs. 872

As here,

SP of radio is more than the CP of the radio so there will be profit in this case.

So, for determining the value of profit we will subtract CP from SP

Thus we will get,

$profit = 872 - 800 = 72 \: rupee$

Hence value of profit percentage will be,

$\frac{profit }{CP} \times 100 \%\\ = > \frac{72}{800} \times 100\% \\ = > \frac{72}{8} \% \\ = > 9\%$

Hence, there will be profit of 9%.