Question

A shopkeeper bought a table for Rs 5,000 and sold it for Rs 6,500. What was the profit percentage that he made?​

Answer 1

5000-6500 = 1500 is the answer

profit of rupees = 1508

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Answer 2

Given:-

A shopkeeper bought table for 5000 Rs and sold it for 6500

To find:-

profit percentage

Solution:-

Here,SP >CP

So, Gain = SP - CP

∴ = 6500-5000

∴ Profit=1500 Rs.

∴  Gain%=$\sf \dfrac{Gain}{CP}$×100%

∴ $\sf \dfrac{1500}{5000}$×100%

∴ $\sf \dfrac{30}{1}$$\textsf{=30%}$

∴ The shopkeeper makes a profit of 30%