Question

Ajay purchase some articles at rate of 60 for 250 and sold at rate 50 for 300 find profit percentage?
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Answer 1

$\huge\underline\bold\orange{Answer:}$

Cost Of 60 Articles = Rs 250

Cost of 1 Article = $\dfrac{250}{60}$

Cost of 1 Article = Rs 4.16

Selling Price of 50 Articles = Rs 300

Selling price of 1 Article = $\dfrac{300}{50}$

Selling Price of 1 Article = Rs 6

Selling Price of 60 Articles = 60 × 6 = Rs 360

Selling Price is Greater than Cost Price. Thus,He created a profit.

Profit Amount = S.P - C.P

Profit Amount = Rs 360 - Rs 250

Profit Amount = Rs 110

Profit % =$\dfrac{Profit}{C.P}\times 100$

Profit % = $\dfrac{110}{250}\:\times\:100$

Profit % = ${\boxed{\sf\:44\%}}}$