Question

A shopkeeper bought 100 jeans for 50,000 and sold them for 550.00 each . find his profit percent​

Answer 1

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Answer 2

Answer:

50,000÷100=500

so,shopkeeper bought each jeans rs=500

so,profit=S.P-CP

profit=550×100-50,000

profit=55,000-50,000

profit=500

profit percentage= Profit/CP×100

profit percentage= 500/50,000×100

profit percentage=1%is the correct answer