Question

An item is bought for Rs 42 and sold it for Rs. 52.50. Calculate the percentage increase.

Answer 1

Answer:

Profit % = (52.5-42)/42 × 100

= 25%

Answer 2

SOLUTION

GIVEN

An item is bought for Rs 42 and sold it for Rs. 52.50.

TO DETERMINE

Calculate the percentage increase.

EVALUATION

Here it is given that an item is bought for Rs 42 and sold it for Rs. 52.50.

Cost price = Rs 42

Selling price = Rs 52.50

The increase

= Rs 52.50 - Rs 42

= Rs 10.50

Hence the required percentage increase

$\displaystyle \sf{ = \frac{10.50}{42} \times 100\%}$

$\displaystyle \sf{ = \frac{1}{4} \times 100\%}$

$\displaystyle \bf{ =25\%}$

━━━━━━━━━━━━━━━━

Learn more from Brainly :-

$1.$ THE COST PRICE OF A PEN IS RS 250, IT WAS SOLD AT A LOSS OF 15%.THEN THE SELLING PRICE OF THE PEN IS

https://brainly.in/question/33206866

2. By selling an article for Rs 50 a shopkeeper gains Rs 10.His gain percent is_______

https://brainly.in/question/2176449