Question

An article was bought for ₹2000 and sold for rupees 2200 find the profit and profit percent​

Answer 1

Answer:

profit = ₹200

profit percent = 10%

Step-by-step explanation:

profit = sold price - bought price

= ₹2200 - ₹2000

= ₹200

profit percent = profit/bought price × 100

= 200/2000 × 100

= 20000/2000

= 10%

Answer 2

As per the data given in the above question.

We have to find the profit and profit percentage.

Given,

Cost price ,C.P= ₹2000

Selling price , S.P.= ₹ 2200

Step-by-step explanation:

Profit is defined as when selling price is more than cost price .

$Profit = S.P. - C.P.$

So,

$Profit = ₹ (2200 - 2000)$

$Profit = ₹ 200$

Now, the profit percentage

The profit percentage formula that is used is,

$Profit \: \%=\frac{Profit}{Cost Price}×100\%$

$Profit \: \%=\frac{200}{2000}×100\%$

$Profit \: \%=\frac{2}{20}×100\%$

$Profit \: \%=\frac{1}{10}×100\%$

$Profit \: \%=\frac{1 \times 100}{10} \: \%$

$Profit \: \%= \frac{100}{10 \: \%}$

$Profit \: \%=10\%$

Hence,

Profit = ₹200

Profit % = 10 %

Project code #SPJ 2