Question

Almirah was purchased for Rs. 6300 and Rs.300 was paid for overhead charges. If he sold for Rs. 7280. What is profit%?​

Answer 1

Step-by-step explanation:

purchase price of almirah = 6300

overhead charges = 300

total cost price = 6300 + 300 = 6600

selling price of almirah = 7280

profit = selling price - cost price

= 7280 - 6600

= 680

profit% = profit/cost price × 100

= 680/6600 × 100

= 680/66

= 10.30

therefore the profit% = 10.30

Hope you get your answer