Question

If a person purchase a bicycle in 500 rupees and sold it for 800 rupees. What is the percentage of profit?
Sorry I am new and too much week in math

Answer 1

Answer:

cost price = Rs. 500

selling price = Rs. 800

S.P > C.p

Profit = S.P - C.p

= 800 - 500 = 300Rs.

profit % = profit / C.p X 100

= 300/ 500 X 100

= 60%

if the bicycle was sold at a loss then loss % = loss / C.P X 100

Answer 2

$\huge\mathbb{\underline{SOLUTION:-}}$

$\sf\bullet C.P =500\\ \\ \sf\bullet S.P=800$

Now we have to find th profit%

So

$\boxed{\sf{\blue{Profit\%=\dfrac{S.P-C.P}{C.P}\times 100\%}}}$

$\bf\underline{\red{A.T.Q}}$

$\sf\implies Profit\%=\dfrac{800-500}{500}\times 100\%\\ \\ \sf\implies Profit\%=\dfrac{3\cancel{00}}{5\cancel{00}}\times 100\%\\ \\ \sf\implies Profi\%=\dfrac{3}{\cancel5}\times \cancel{100\%}\\ \\ \sf\implies Profit\%= 3\times 20\%\\ \\ \sf\implies Profit\%=60\%$

$\boxed{\sf{Profit\%=60\%}}$