Question

A shopkeeper bought a chair for ₹375 and sold it for ₹400. Find the profit percentage

Answer 1

Answer:

6.66%

Step-by-step explanation:

p%=profit÷cp*100

p%=25÷375*100

p%=6.66%

Answer 2

$\huge \sf Given :$

CP of chair = Rs 375

SP of chair =Rs 400

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$\huge \sf To \: Find :$

Profit Percent

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$\huge \sf Solution :$

To find Profit percentage, we have to find Profit.

We know that,

Profit = SP - CP

$\sf :\implies Profit=400-375$

$\sf :\implies Profit=Rs \: 25$

Now for Profit percentage, we have :

$\sf{Profit\:Percentage =\dfrac{Gain}{CP} \times 100 }$

$\sf{ :\implies Profit\:Percentage =\dfrac{25}{375} \times 100 }$

$\sf{ :\implies Profit\:Percentage = 0.066... \times 100 }$

$\sf{ :\implies Profit\:Percentage = 6.666...}$

$\sf{ :\implies Profit\:Percentage = 6.7 \% \: (approx.)}$

$\sf \color{fuchsia} \therefore \: Profit \: percentage = 6.7 \% \: (approx.)$