Question

Find the profit and the selling price.......
Profit percentage : 5%
Cost price : 6500​

Answer 1

➤ Given :-

Profit percentage :- 5%

Cost price :- ₹ 6500

➤ To Find :-

Profit value and the selling price of the given sum...........

➤ Solution :-

First, we should find the value of the profit by finding 5% of 6500, because to find the selling price we also need the profit rupees in numerical form. To find the selling price, we should add the cost price and the profit.........

Profit :-

${\tt \longrightarrow 5 \bf\% \sf \: \: of \tt \: \: 6500}$

${\tt \longrightarrow \dfrac{5}{100} \times 6500}$

${\tt \longrightarrow \dfrac{5}{ \cancel{100}} \times \cancel{6500} = \boxed{\tt 5 \times 65}}$

${\sf \longrightarrow Rs \tt \: \: 325}$

Now,

Selling price :-

$\tt \longrightarrow 6500 + 325$

$\sf \longrightarrow Rs \tt \: \: 6825$

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$\dashrightarrow$ Some related formulas :-

Profit :- ${\boxed{\tt SP-CP}}$

Loss :- ${\boxed{\tt CP-SP}}$

Profit percentage :- ${\boxed{\tt\dfrac{Profit}{CP} \times 100}}$

Loss percentage :- ${\boxed{\tt\dfrac{Loss}{CP} \times 100}}$

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More to know..............

• Profit and loss are obtained for all shopkeepers in their shops. The profit is obtained when the selling price is greater than cost price. The loss is obtained when the cost price is greater than selling price. The profit and loss can also be converted into percentage format by some mathematical formulas.
• To convert the profit to percentage from, first we should divide the profit and cost price and then multiply by 100.
• To convert the loss to percentage form, first we should divide the loss and cost price and then multiply by 100.