Question

A shopkeeper sold a chair for Rs.240 and makes
a profit of 12%. What is the actual profit of the
chair
(a) 23.25
(b) 25.72
(c) 26.54
(d) 27.00​

Answer 1

SP= ₹240

Profit percent = 12%

so, 12/100×240

=28.8

Therefore, the actual profit is ₹28.8 .

Answer 2

$\huge \bold{Answer:}$

⚘Formula used:

$\bold{C.P= \frac{S.P×100}{100 + p} }$

⚘Solution:

Given,

S.P= Rs.240

Profit= 12%

Now,

$= > \bold{C.P= \frac{240 \times 100}{100 + 12} }$

$= > \bold{C.P= \frac{240 \times 100}{112} }$

$= > \bold{C.P= \frac{24000}{112 } }$

$= > \bold{C.P= \frac{1500}{7} }$

Now,

Profit= S.P-C.P

$\bold{240 - \frac{1500}{7} }$

$= \bold{ \frac{1680 - 1500}{7 }}$

$= \bold{ \frac{180}{7} }$

$= \bold{25.71}$

Therefore, The answer is option number(b) i.e., 25.71