Question

David bought a carpet for 8000 and sold it for 8400. Find his profit per cent. ​

Answer 1

question :

David bought a carpet for 8000 and sold it for 8400. Find his profit per cent.

ANSWER

5%

Answer 2

Profit = 5%

Step-by-step explanation:

GIVEN

Cost price = ₹8000

Selling price = ₹8400

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To find

Profit percent

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To find profit percent,

We need to find the profit

Profit = Selling price - Cost price

Profit = ₹8400 - ₹8000

Profit = ₹400

Profit = ₹400

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We know that,

Profit percent = 100 × profit / cost price

Profit percent = 100 × 400 / 8000

Profit percent = 40000 / 8000

Profit percent = 5

Profit = 5%