Question

bhoomika purchased an article for rupees 400 and sold it for rupees 470
find the profit percent.​

Answer 1

➤ Given :-

Cost price :- ₹ 400

Selling price :- ₹ 470

➤ To Find :-

Profit percentage of the article.........

➤ Formula required :-

$\dashrightarrow \large \tt \orange{ \boxed{ \tt \gray{ \frac{Profit}{Cost \: price} \times 100 }}}$

➤ Solution :-

Profit :-

$\tt \longrightarrow470 - 400$

$\tt \longrightarrow₹ \: 70$

Now,

Profit percentage :-

$\tt \longrightarrow \dfrac{70}{400} \times 100$

$\tt \longrightarrow \dfrac{70}{ \cancel{400}} \times \cancel{100} = \dfrac{70}{4}$

$\tt \longrightarrow17.5 \: \bf\%$

$\Huge\therefore$The profit percentage of the article is 17.5$\bf\%$.

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$\dashrightarrow$Some related formulas :-

Profit :- $\boxed{\tt SP-CP}$

Loss :- $\boxed{\tt CP-SP}$

Loss percentage :- $\boxed{\tt Loss \div CP \times 100 }$

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$\dashrightarrow$More to know :-

Profit :- The profit is the extra amount given, when the selling price is greater than cost price.

Loss :- The loss is the amount given less compared to cost price, when the cost price is greater than selling price.

Profit percentage :- The profit can also be written in the percentage form, which is called profit percentage.

Loss percentage :- The loss can also be written in the percentage, which is called loss percentage.