Question

A mobile phone is sold for ₹ 1650 after purchasing it for ₹ 1500 . What is the percentage of profit ? ​

Answer 1

Given

• A mobile phone is sold for ₹ 1650 after purchasing it for ₹ 1500 .

To find

• the percentage of profit

Solution

Here , selling price of a mobile phone → 1650 rs

and CP → 1500 rs

Therefore , Profit → SP - CP

→ 1650 - 1500 = 150 rs

Now , the percentage of profit

→ Profit × 100 / CP

→ 150 × 100 / 1500

→ 150 / 15

→ 10 %

Therefore , the profit % → 10 %