Question

mohan got a pen for Rs. 50 and sold it for Rs.65, what is the profit percentage

Answer 1

Answer:

30%

Step-by-step explanation:

Profit = S.P. - C.P.

= 65-50

= Rs. 15

Profit percentage = (Profit/C.P.)*100

= (15/50)*100

= 30%

Answer 2

Answer:

30%

Step-by-step explanation:

Cost price(CP) of the pen = ₹50

Selling price(SP) of the pen = ₹65

Therefore, Profit = SP - CP = 65-50 = ₹15

Profit Percentage = Profit/CP *100

                               = 15/50 * 100

                               = 15*2

                               = 30%

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