Question

Anwar spends 44,000 to get a car, and sells it at 48,000, what is his percentage of profit?​

Answer 1

Answer:

9.09%

Step-by-step explanation:

Cost price-44000

Selling price-48000

Thus profit=Selling price-Cost price

=48000-44000

=4000

Profit percent=(profit/Cost price)*100

=(4000*100)/44000

=9.09%

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Answer 2

Cost Price(C.P.)=44,000

Selling Price(S.P.)=48,000

Profit=S.P.-C.P.=48,000-44,000=4,000

Percentage of Profit/Profit%= Profit/C.P.*100

=4,000/44,000*100

=100/11

=9 1/11 %