Question

A shopkeeper sold a radio at Rd 1150 which is 115% of CP.find the profit percent of the radio.

Answer 1

Answer:

Profit is 15%

Step-by-step explanation:

Given,

A shopkeeper sold a radio at Rd 1150 which is 115% of CP

115%of CP=1150

100%of CP=1000

SP=1150

CP=1000

Profit%=((SP-CP)/CP)*100

Profit%=((1150-1000)/1000)*100

Profit%=15%