cost of an iteam is ₹250 .it was sold for a profit of ₹50 find the profit percent and selling prize
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Given :
- Cost Price = ₹250
- Profit = ₹50
To Find :
- Selling Price
- Profit%
Solution :
~Firstly, we will find the selling price :
Selling Price = Cost Price + Profit
Selling Price = ₹250 + ₹50
Selling Price = ₹300
Hence, the selling price is ₹300.
~Finding Profit% ,
We know that,
Substituting the values,
Hence, Profit% = 20%.
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22-12-21 6:05 pm Profit percentage
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