Question

cost price ₹ 1600 , selling price ₹ 2800 . answer in profit %

Answer 1

Answer:

75%

Step-by-step explanation:

cost price = 1600

selling price = 2800

profit = 2800-1600 = 1200

profit% = 1200/1600*100 = 75%

Answer 2

The percentage of profit = 75%

Given :

cost price is ₹ 1600 , selling price is ₹ 2800

To find :

The percentage of profit

Solution :

Step 1 of 3 :

Write down Cost price and Selling price

Cost price = ₹ 1600

Selling price = ₹ 2800

Step 2 of 3 :

Calculate amount of profit

Now 2800 > 1600

∴ Selling price > Cost price

So there is profit

Profit = ₹ 2800 - ₹ 1600 = ₹ 1200

Step 3 of 3 :

Calculate profit percentage

Hence the required profit percentage

$\displaystyle \sf{ = \frac{ 1200 }{ 1600 } \times 100 \% }$

$\displaystyle \sf{ = \frac{12}{16} \times 100 \% }$

$\displaystyle \sf{ = 75 \% }$

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