Question

an object is sold at 10%profit at ₹550. What will be the profit persantage if the same object is sold at ₹650​

Answer 1

Answer:

cost price must be 500

and profit will be 30% if sold at 650.....

got it?????

Answer 2

Answer:

30 % profit

Step-by-step explanation:

Let say Cost Price = C  ₹

10 % profit = (10/100)C = 0.1C ₹

Selling Price = Cost Price + Profit = C + 0.1C = 1.1C  ₹

1.1C = 550

=> C = 500

Cost Price = ₹ 500

Sold at ₹ 650

Profit = 650 - 500 = ₹ 150

Profit %  = (150 /500) * 100 = 30 %

30% profit if sold at ₹ 650