Question

a person buys 120 shares at a nominal value of 40 rupees each, which he sells at 42.50 rupees each. find hisprofit and profit percentage?

Answer 1

CP=120*40=4800
Sp = 120*42.5= rs 5100

Profit = 300
$profit\% = \frac{profit}{cp} \times 100$
$\frac{300}{4800} \times 100$
=6.25%

hope it helps.........

Answer 2

Cp=40r
Sp=42.50r
Profit =2.50r
P%= 2.50
-----------×100%

40
Solve the rest