Question

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

Answer 1

Answer:

Given that ;

David bought Carpet ,

Cost Price -

C.P of the carpet = 8,000

David sold Carpet ,

Selling Price -

S.P of the Carpet = 8,400

Profit = S.P - C.P

P = 8,400 - 8,000

P = 400

P% = ?

Formula :

Profit Percent ( P% ) = P / C.P × 100

400 / 8,000 × 100

40 / 8

5%

Hence ;

Profit Percent ( P% ) = 5%