Question

andeep bought to ba
ofit of Rs 50. At what rate did he buy them?
aman bought a sewing machine for Rs 2 400. He sold it for Rs 3 000. Calculate his (1) profit
nd (ii) profit per cent.
for P250 What is his profit per cent?​

Answer 1

Given,

Cost of sewing machine (CP) = Rs 2400

SP of sewing machine = Rs 3000

Since, SP > CP

Therefore, profit percent = SP - CP

= Rs ( 3000 - 2400 )

= Rs 600

Therefore, profit percent =

$100 \times \frac{600}{2400}$

= 25 %

Now, considering Profit = Rs 250

Therefore, profit percent =

$100 \times \frac{250}{2400}$

= 10.42 %