Devin has a furniture store. He sold a shoe rack recently for
₹
3450
₹3450₹, 3450. It cost him just
₹
2300
₹2300₹, 2300 to make the rack.
Answers
Answered by
4
Answer: 50%
Step-by-step explanation: 3450-2300=profit
Profit=1150
=1150/2300x100
=1150x100/2300
=1150x100/23
=50x100/2
because 1150/23 is 50
and now 50 and 100 are which can divide by 50 so
= 1/2
=50%
Answered by
5
Given : Devin has a furniture store. He sold a shoe rack recently for ₹3450
It cost him just ₹2300
To Find : What is Devin's profit percent?
Solution:
Cost price = ₹2300
Selling Price = ₹3450
Profit = Selling Price - Cost price
= 3450 - 2300
= 1150 ₹
Profit % = (profit / cost price) * 100
= (1150 / 2300) * 100
= (1/2) * 100
= 50 %
Devin's profit percent = 50
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