a man purchased sewing machine for rupees 1250 and spend 250 on its transportation he sold it for rupees 1620 find his profit percentage
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Given
(Cost price) CP of sewing machine =₹1250
Transportation fee =₹250
Total CP=₹1500
(Selling Price) SP of sewing machine =₹1620
Step-by-step explanation:
Firstly
We need to find out profit to find profit percentage
P=SP-CP
=₹1620-1500
=₹120
So,
P%=P/CP*100
=120/1250*100
=9.6
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