Question

Komal purchased a wrist watch to 850,
She sold it to Rajni at 916. Find the
Profit %​

Answer 1

Answer:

918-850=68

thus,

68X100/850=8%

Answer 2

Step-by-step explanation:

Given:-

Komal purchased a wrist watch to 850,

She sold it to Rajni at 916.

To find:-

Find the Profit percentage ?

Solution:-

The Cost Price of the wrist watch =Rs. 850

Selling Price of the wrist watch = Rs. 916

916 > 850

Selling Price > Cost Price

Profit = Selling Price - Cost Price

Profit = 916 -850

Profit = Rs. 66

We know that

Profit Percentage = (Profit/Cost Price)×100

=>P% = (66/850)×100

=>P% = (66×100)/850

=>P%=6600/850

=>P% = 660/85

=>P% = 132/17%

=>P% =7.76% (approximately)

Answer:-

Profit Percentage for the given problem is 7.76%

Used formulae:-

• Profit = Selling Price - Cost Price

• Profit Percentage = (Profit/Cost Price)×100

• Profit or loss is calculated on only Cost Price.