Question

a shopkeeper purchase a CD player for rs 1500 and sold it for rs 1860.find the profit​

Answer 1

Answer:

Rs. 360

Step-by-step explanation:

Buying Price/ Cost Price (C.P) = Rs. 1500

Selling Price (S.P) = Rs. 1860

Profit, P = SP - CP

             = 1860 - 1500

             = Rs. 360

Answer 2

Cost price of the CD player (CP) = Rs. 1500

Selling price of the CD player (SP) = Rs. 1860

Therefore, profit= SP-CP

=Rs. 1860- Rs. 1500

= Rs. 360

Now, profit percentage=

$\frac{profit}{cp} \times 100\% \\ = \frac{360}{1500} \times 100\% \\ = \frac{360}{15} \% \\ = 24\%$