A shopkeeper sold an article for Rs 2090. 42 without any loss or profit. Approximately, what will be the profit percent, if he sold that article for Rs 2602.58?
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Answer:
Selling price of an article without any loss or profit =Rs.2090.42
∴ Cost price =Rs.2090.42
New selling price =Rs.2602.58
Profit =S.P−C.P.=Rs.2602.58−Rs.2090.42
=Rs.512.16
∴Profit%=
C.P
Profit
×100=
2090.42
512.16
×100
≃25% (approx)
Step-by-step explanation:
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