Question

I am going to organize a coupon stall in a school fair. I shall charge rupees 20. But I shall purchase such things whose cost is rupees 10. Find my profit percent

Answer 1

20-10=10

10/20*100=50

so answer is 50percent

Answer 2

Profit percentage on the sell will be 100%

Step-by-step explanation:

We have given purchase price = Rs.10

Selling price = Rs.20

So profit = 20 - 10 = Rs.10

We have to fond the profit percentage

Profit percentage is equal to

$profit\ percentage=\frac{profit}{purchase\ price}\times 100=\frac{10}{10}\times 100=100$ %

So profit percentage will be 100 %

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