Question

item :- car CP :-3,50,000 SP :-3,95,000 P% :- ? L%?​

Answer 1

Question

Item = Car.

Cost Price = Rs. 3,50,000.

Selling Price = Rs. 3,95,000.

∴ As Selling Price is greater than Cost Price.

So, Profit :-

And amount of money as profit :-

=> Selling Price - Cost Price

=> Rs. 395000 - Rs. 350000

=> Rs. 45,000

Now, Profit percentage :

Profit % = Profit/Cost Price × 100

=> 45000/350000 × 100

=> 45000/3500

=> 450/35

=> 12.85%

Hence, Profit is 12.85% .

Formula needed:

• Profit = Selling Price - Cost Price
• Profit% = Profit/Cost Price × 100