Question

hameena buys a cycle for 1700 rs and sells it for 1,870/- .What is his profit percentage?

Answer 1

here is your answer

given :

cost price = 1700

selling price = 1870

profit percentage = ?

solution =

profit = selling price - cost price

profit = 1870-1700

profit = rs170

profit percentage = (profit/cost price)*100

profit percentage = (170/1700)*100

profit percentage = 10%

Answer 2

cost price of cycle = ₹1700

selling price of cycle = ₹1870

Find the profit :
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profit = selling price - cost price

profit = ₹1870 - 1700 = ₹170

Find the profit % :
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profit % = ( profit × 100 ) / cost price

profit % = ( 170 × 100 )/ 1700

profit % = 170 ÷ 17 = 10 %

Answer : profit = 10 %

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