a retailer buy a redio for rs.215 .He spent rs.25 on his repairing .If he sells the radio for rs.300 . Find the profit percentage
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1.25%
Step-by-step explanation:
300 divide by 240 is equal to 1.25
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Price of the radio a retailer buys = Rs. 215
Money the retailer had to spend for repairing the radio = Rs. 25
Total money he had invested on his radio :-
= 215 + 25
= Rs. 240
So , the retailer has invested a total of 240 rupees on his radio .
The price in which he sold his radio = Rs.300
Profit the retailer got :-
Which means the retailer had a profit of Rs.60 .
The percentage of profit the retailer got :-
Which means the profit percentage was 25% .
Therefore , the percentage of profit the retailer had = 25% .
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