A whole sale dealer observed that cost of 45 pants of equal to selling price of 30 pants. What is
his profit percent?
Answers
Step-by-step explanation:
Given:-
A whole sale dealer observed that cost of 45 pants of equal to selling price of 30 pants.
To find:-
What is his profit percent?
Solution:-
Let the Cost Price of an pant be Rs. X
Cost Price of 45 pants = Rs. 45X
Given that
Cost Price of 45 pants = Selling Price of 30 pants
=>45X = Selling Price of 30 Pants
=>Selling Price of 30 pants = 45X
=>Selling Price of 1 pant = 45X/30
=>3X/2
Selling Price of 1 Pant = Rs. 3X/2
Here , Cost Price is Lee than The Selling Price
(given)
Profit = Selling Price - Cost Price
=>Profit = (3X/2)-X
=>Profit = (3X-2X)/2
=>Profit = Rs. X/2
Profit Percentage =( Profit /Cost Price)×100
=>P% = [(X/2)/X]×100
=>P%=(X/2X)×100
=>P% = (1/2)×100
=>P% = 100/2
=>P% = 50
Therefore, Profit Percentage = 50%
(or)
If the cost price of M articles is equal to the selling price of N articles then
[(M-N)/N]×100
Here M = 45 and N = 30
Profit Percentage =[ (45-30)/30]×100
=>(15/30)×100
=>(1/2)×100
=>100/2
=>50
Therefore, Profit Percentage = 50%
Answer:-
The Profit Percentage for the given problem is 50%
Used formulae:-
1.
If the cost price of M articles is equal to the selling price of N articles then
[(M-N)/N]×100
2.Profit = Selling Price - Cost Price
3.Profit Percentage =( Profit /Cost Price)×100
Answer:
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