Question

if a motor car is sold for Rs 5 50000 the profit is 17% what would be profit percentage if sold for rupees 47000​

Answer 1

Answer:

S.P= 50,000

Profit% = 17%

C.P= ?

We can find CP by reciprocating the multiplying factor of 17/100.

C.P= 50,000 * 100/117

CP= 42,735

If car was sold for 47,000 then profit =

Profit = 47,000 - 42,735 = 4,265 rupees

New profit % = 4265/42,735 * 100

= 9.98% or rounded off to 10%