a merchants purchases some articles for ₹25000 and spends ₹9000 on transportation. if he sell the articles for₹37125 find the profit per cent
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Answer:
20%
Step-by-step explanation:
Here,
Cost price =rs. 25000+9000
=rs. 34000
Selling price = rs. 37125
Now, Sp>Cp so profit will occur.
Profit = Sp - Cp
=Rs. 37125 - 34000
= Rs. 3125
Profit% = Profit/Cp × 100
= 3125/16000 × 100
=20%
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