Question

By selling 160 calculators, an electronics dealer makes a profit of selling 30 calculators.
Find his profit percentage.

Answer 1

Answer:

160-30=130(C.P)

Then Put the formula of percentage profit:-

Profit/CP*100

30/130*100=23.0769

Answer 2

Given Data: 160 Calculators, profit of 30 calculators.

To find: the profit Percentage.

Solution:

• Profit is where a person gain money or an object more than what he sold for the same cost.
• For example, An buyer buys an pen for 5rs and sells the pen for 10rs the profit here is 5rs for the buyer.
• Using Formula To calculate the profit percentage,

                 Profit Percentage = $\frac{Total Sale - Cost Price}{CostPrice}$  × $100$.

                 Profit Percentage = $\frac{160-130}{130} = \frac{30}{130}$  × $100$.

                 Profit Percentage = $\frac{300}{13} = 23\frac{1}{13}$ %$%$.

• Hence the profit percentage is $23\frac{1}{13}$.