Amrish bought 4 sweaters at rupees 250 and sold them at rupees 275 each. what was his profit or loss per cent
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ANSWER :
Cost Price of 4 Sweaters = 250
Selling Price of 4 Sweaters =
275 × 4
1100
CP = 250
SP = 1100
Profit =
SP - CP
1100 - 250
850
Profit % =
Profit / CP × 100
850 /250 × 100
85/25 × 100
85 /1 × 4
340
So, The profit % is 340 % .
Cost Price of 4 Sweaters = 250
Selling Price of 4 Sweaters =
275 × 4
1100
CP = 250
SP = 1100
Profit =
SP - CP
1100 - 250
850
Profit % =
Profit / CP × 100
850 /250 × 100
85/25 × 100
85 /1 × 4
340
So, The profit % is 340 % .
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