Question

Find the profit percentage if a man sells a car for Rs. 3,50,000 which he bought for Rs. 2 lakh 40

thousand.​

Answer 1

CP=2,40,000

SP=3,50,000

As SP>CP, it is profit.

Profit=SP-CP=350000-240000=1,10,000 Rs.

Profit %=profit/CP×100=110000/240000×100=45.83% profit

Answer 2

Answer:

45.83 %

Step-by-step explanation:

S.P of the car = Rs.3,50,000

C.P of the car = Rs.2,40,000

profit = SP-CP

          = Rs.3,50,000 - Rs.2,40,000

          = Rs.1,10,000

=> profit % = (profit/c.p) * 100

                  = (110000/240000)*100

                  = (11/24)*100

                  = (11/6)*25

                  = 275/6

                  = 45.83 %