A shopkeeper purchased a bicycle for rs.4650 and sold it for rs.5115 . Find the profit percentage of this situation.
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Answered by
3
Cost: Rs 4650
Selling price: Rs 5115
To find the profit, find the difference between the cost and selling price.
Rs 5115 - Rs 4650 = Rs 465
Now, calculate the percentage with the multiplication of the profit (over cost) with 100%.
Rs 465/Rs 4650 × 100% = 10%
Therefore, the profit percentage is 10%.
PADMINI:
profit should be 10% . not 0.1 %
Whoops!
I have made an edit, thanks for pointing it out!
yup. welcome.
Answered by
2
hello
cost price = 4650
selling price = 5115
selling price is more so it's profit
profit = sp - cp
5115 - 4650 = 465
profit Percentage = profit / cp x 100
= 465 /4650 x 100 = 10%
hence profit Percentage = 10% .
hope it helps you
cost price = 4650
selling price = 5115
selling price is more so it's profit
profit = sp - cp
5115 - 4650 = 465
profit Percentage = profit / cp x 100
= 465 /4650 x 100 = 10%
hence profit Percentage = 10% .
hope it helps you
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