Question

An article is purchased for 7,500 and sold for 8,400. The profit percent is ​

Answer 1

Answer:

0.12% or 12/100

Step-by-step explanation:

sp-cp= 8400-7500=900

gain percentage=

(900/7500)×100=0.12%

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Answer 2

The profit percent is 12%

Given :

An article is purchased for 7,500 and sold for 8,400

To find :

The profit percent

Solution :

Step 1 of 2 :

Calculate the profit amount

Here it is given that an article is purchased for 7,500 and sold for 8,400

Profit amount

= 8400 - 7500

= 900

Step 2 of 2 :

Calculate profit percent

The required profit percent

$\displaystyle \sf{ = \frac{900}{7500} \times 100\% }$

$\displaystyle \sf{ = \frac{900}{75} \% }$

$\displaystyle \sf{ = 12\% }$

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