If C.P = Rs 5000, Expenses = Rs. 500, S.P. = Rs. 6500 then profit percent is
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Answer:
The profit is 18 and 2/11 %
Step-by-step explanation:
given that the the cost price is Rs. 5000
and the expenses is Rs. 500
So, the total expenditure is Rs. 5500
The selling price is Rs. 6500
So, the shopkeeper's prophet is
Rs. (6500 - 5500) = Rs. 1000
The profit present is,
1000/5500 × 100 = 200/11 = 18 and 2/11
Ans.
The profit is, (18 and 2/11 ) %
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