Question

In a furniture shop , 4 tables were bought at a rate of ₹400 per table. They were all sold at the rate of ₹ 600 per table. Find the profit percentage

Answer 1

Answer:

Cp of 4 table = ₹400 * 4 = ₹1600

Sp of 4 table = ₹ 600 * 4 =₹2400

Profit = SP - cp

=2400 - 1600 = 800

Profit% = profit *100 / cp

= 800 * 100 / 1600

50%

Answer 2

AnswEr :

• 4 tables were bought @ Rs. 400 per table.
• 4 tables were sold @ Rs. 600 per table.
• Find the Profit Percentage.

• C O S T ⠀P R I C E :

$\implies \text{Cost Price of 4 tables = Number \times Rate} \\ \\\implies \text{Cost Price of 4 tables = 4\times 400 } \\ \\\implies \purple{\text{Cost Price of 4 tables = Rs. 1600 }}$

• S E L L I N G ⠀P R I C E :

$\implies \text{Selling Price of 4 tables = Number \times Rate} \\ \\\implies \text{Selling Price of 4 tables = 4\times 600 } \\ \\\implies \purple{\text{Selling Price of 4 tables = Rs. 2400 }}$

$\rule{300}{1}$

• Calculation of Profit Percentage :

$\longrightarrow \tt Profit\% = \dfrac{Profit}{CP} \times100 \\ \\\longrightarrow \tt Profit\% = \dfrac{SP - CP}{CP} \times100 \\ \\\longrightarrow \tt Profit\% = \dfrac{2400 - 1600}{16 \cancel{00}} \times\cancel{100} \\ \\\longrightarrow \tt Profit\% = \dfrac{800}{16} \\ \\\longrightarrow \boxed{ \blue{\tt Profit\% = 50\%}}$

⠀

∴ Hence, Profit Percentage will be 50%.

$\rule{300}{2}$

$\boxed{\begin{minipage}{7 cm}\underline{\text{Some Important Formulae Related to it :}}\\ \\ SP=CP\times(100+\sf Profit)\%\\ \\SP=CP\times(100-Loss)\%\\ \\Profit\%=\dfrac{Profit}{CP}\times100 \\ \\Loss\%=\dfrac{Loss}{CP}\times100\end{minipage}}$

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