Question

Given the purchase price of an item Rs. 450.00,00. selling price of the goods Rs.500.000,00. Then the percentage of profit is ....

Answer 1

profit= selling price - buying price
= 50000000- 4500000
= 45500000

and % = 45500000/100
= 455000

Answer 2

First let us find the profit amount.

Profit: Selling price - Purchased Price

This means: 50,000,000 - 4,500,000

》 4550000 Rs

In order to find Percentage of Profit:

4550000 / 100

》 45500 % of profit

I hope this helps