Question

Find the rate of profit if an article purchased at ₹5000 is sold for ₹5900?

Answer 1

Answer:

Answer

Profit=900

Because= 5900-5900=900

Answer 2

Step-by-step explanation:

QUESTION ASKED ;

Find the rate of profit if an article purchased at Rs 5000 and sold for Rs 5900

SEQUENCES TO DO ;

• find out the profit amount by subtracting from so
• Used the formula of profit rate
• Actual answer can be known

FORMULA USED HERE ;

profit amount = Sp - cp

Profit rate =( Profit / cp) ×100 %

SOLUTION OF QUESTION;

CP = Rs 5000

SP = Rs 5900

Profit amount = Sp - cp

= 5900 - 5000

=Rs 900

Than,

profit rate = p / cp × 100 %

=( 900/ 5000 ) × 100%

= 90000/5000 %

= 18 ℅

Therefore, Rate of profit = 18 ℅ answer

Thanks you