Question

Kishore purchased a cycle for Rs. 1750 and sold it for Rs. 1925. Find his profit percent.

1) 9


2) 10


3) 25


4) 110​

Answer 1

Answer:

OPTION 2 IS CORRECT

Step-by-step explanation:

$profit \: percent = \frac{1925 - 1750}{1750} \times 100 \\ \\ = 10 \: percent$

Answer 2

Given,

Kishore purchased a cycle for $1750$ rupees and sold it for $1925$ rupees.

Here, we are calculate profit percentage,

Formula,

Profit% $= \frac{selling price-cost price}{selling price}\times100$

Here,

Selling price $= 1925$, Cost price $= 1750$

Substitute above values in the formula,

Profit% $=\frac{1925-1750}{1925}\times100$

$= \frac{175}{1925}\times100$

$= 9.09$

Therefore, the profit percentage is $9$.09.