Question

If there is a gain of rs=875 by selling a motor cycle for rs=20875 ,the profit percent is

Answer 1

Step-by-step explanation:

To Find CP :

$\implies$ $\sf{CP=SP-P }$

$\implies$ $\sf{CP=20875-875 }$

$\implies$ $\sf{CP=20000 }$

To Find Profit Percent :

$\implies$ $\sf{Profit\:\%={\Large\frac{Profit}{CP}}×100 }$

$\implies$ $\sf{{\Large\frac{875}{20000}}×100 }$

$\implies$ $\boxed{\sf{Profit\%=4.375\%}}$

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