Question

A wholesaler dealer purchases wheat at Rs.270 per quintal and sells at Rs.350 per quintal.If his overhead expenses were at Rs.10 per quintal, then what was his profit percent?

Answer 1

C.P is 270rs. Overhead expenses is rs 10
so total cp is 280rs
S.P is 350 rs.
profit is 350-280=70rs.
profit% = profit÷C.P×100
70÷280×100
=25%

Answer 2

Answer:

cp =270

sp=350

profit sp=cp

350-280=70

$70 \div 280 \times 100$

25%