Question

a shopkeeper purchases a chair of Rs
375 and sold of Ruperes 400 Rs Find
the profit?
​

Answer 1

Step-by-step explanation:

C.P of chair =375

SP of chair = 400

Profit =SP-CP

Profit=400-375

Profit=25

Hope this helpful:)

Answer 2

➤ Given :-

Cost price of the chair :- ₹ 375

Selling price of the chair :- ₹ 400

➤ To Find :-

Profit and profit percentage of the chair

➤ Formula required :-

Profit :-

${\large\tt\dashrightarrow \orange{\boxed{\tt\gray{SP-CP}}}}$

Profit percentage :-

${\large\tt\dashrightarrow \orange{\boxed{\tt\gray{\dfrac{Profit}{CP} \times 100}}}}$

➤ Solution :-

Profit :-

${\tt\longrightarrow 400-375}$

${\tt\longrightarrow Rs \: \: 25}$

Now,

Profit percentage :-

${\tt\longrightarrow \dfrac{25}{375} \times 100}$

${\tt\longrightarrow \cancel \dfrac{25}{375} \times 100 = \dfrac{1}{15} \times 100}$

${\tt\longrightarrow \dfrac{1 \times 100}{15} = \dfrac{100}{15}}$

${\tt\longrightarrow \dfrac{100}{15} = \boxed{ \tt 6.6 \bf\%}}$

$\Huge\therefore$ The profit of the chair is ₹ 25 and the profit percentage is 6.6 ${\bf\%}$.

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$\dashrightarrow$ Some related formulas :-

Loss :- ${\boxed{\tt CP-SP}}$

Loss percentage :- ${\boxed{\tt\dfrac{Loss}{CP} \times 100}}$

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More to know :-

• Profit and loss are obtained for all shopkeepers in their shops. The profit is obtained when the selling price is greater than cost price. The loss is obtained when the cost price is greater than selling price. The profit and loss can also be converted into percentage format by some mathematical formulas.
• To convert the profit to percentage from, first we should divide the profit and cost price and then multiply by 100.
• To convert the loss to percentage form, first we should divide the loss and cost price and then multiply by 100.