Question

A shopkeeper purchased a book for ₹ 760 and sold it with a profit of 22% . Express the profit as a percentage of the selling price, correct to 1 decimal place.
​

Answer 1

Answer:

A shopkeeper purchased a book for ₹ 760 and sold it with a profit of 22%. Express the profit as a percentage of the selling price, correct to 1decimal place?

Statement of the given problem

Let S denote the sell-price of the book.

Hence from above data we get as follows,

S = (1 + 22/10)*760 = 1.22*760 = 927.20 (₹)

Therefore profit

as a percentage of the sell-price

= 100*(927.20 - 760)/927.20 = 18.03% [Ans]

Answer 2

Question:

A shopkeeper purchased a book for ₹ 760 and sold it with a profit of 22%. Express the profit as a percentage of the selling price, correct to 1 decimal place?

Solution

Let S denote the sell-price of the book.

Hence from above data we get as follows,

S = (1 + 22/10)*760

= 1.22*760

= 927.20 (₹)

Therefore Profit

as a percentage of the sell-price

$\bold{100{\dfrac{927.20 - 760}{927.20}=18.03}}$

18.03%