Kamal bought a bicycle for Rs 2400 and sold it for Rs 2980 . Find the profit percent.
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Given :
Cost Price = Rs 2400
Selling price = Rs 2980
Selling price is greater than the Cost price. Therefore, Profit.
Profit = (S.P - C.P)
= Rs (2980 - 2400)
= Rs 580
Profit % = (profit × 100)/C.P %
= (580 × 100)/2400 %
= 58000/2400 %
= 24.16 % (approx)
Hence,
Profit percent = 24.16 %
_______________________
✯ @shivamsinghamrajput ✯
Given :
Cost Price = Rs 2400
Selling price = Rs 2980
Selling price is greater than the Cost price. Therefore, Profit.
Profit = (S.P - C.P)
= Rs (2980 - 2400)
= Rs 580
Profit % = (profit × 100)/C.P %
= (580 × 100)/2400 %
= 58000/2400 %
= 24.16 % (approx)
Hence,
Profit percent = 24.16 %
_______________________
✯ @shivamsinghamrajput ✯
magicbeginshere:
Ram borrowed Rs 25,000 at 16% SI for 2 years. He lends Rs 5,000 to Amar at 8% and Rs 10,000 to Sita at 20% and the remaining to Ravi at 18%. If they returned the money after 2 years, how much did he gain or lose?
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