Question

A tricycle bought for 3300 was sold at a profit of 730. Find the profit
percent.​

Answer 1

Step-by-step explanation:

✦ Given :

C. P. (Cost price) of a tricycle is ₹3,300 and it was sold at a profit of ₹730

So,

→ S. P. (Selling price) = C. P. + profit

→ S. P. = ₹3,300 + ₹730

→ S. P. = ₹4,030

✦ Profit earned :

→ ₹730

✦ Profit% is given by :

$\to \sf profit\% = \frac{profit}{C.P.} \times 100$

We have,

→ C. P. = ₹3,300

→ Profit = ₹730

✦ From the given data :

$\sf \to profit\% = \frac{370}{3300} \times 100$

$\sf \to \: profit\% = \frac{370}{33}$

$\green{ \sf \to profit\% = 11 \frac{7}{33} \: or \: (11.21approx.) }$