Question

Minakshi purchased a car for 150000 and sold it for 210000.What is the percent profit she made on the car

Answer 1

p= sp-cp
p= 150000-210000= 60000
p%=
$\frac{p}{cp} \times 100$

Answer 2

CP of the car = 150000

SP of the car = 210000

First we will find the profit

P = SP - CP

210000 - 150000

60000

So P% = P/CP×100

60000/150000×100

P% = 40%.