Question

Mohan invests ₹48000 to grow crop in his land .he sold the harvest for ₹1,25,000 find his profit % or loss %.​

Answer 1

Answer:

Profit of 160%

Step-by-step explanation:

1k=1000

He Invested 48k

And sold at 125k

Profit=Total Revenue - Total Expense

Profit = 125k - 48k = 77k

So we are profit. let's apply profit percentage formula.

profit percentage = (Profit/Expense) × 100.

Profit Percentage = (77/48)*100 = 1.604*100 = 160.4%

4.5=10%

24=50%

48k=100%

48+48=96=200%

48+48+24+4.5=124.5 (125) = 260%

So On selling the harvest he got 260% percent.

Then we have to remove the expenses to obtain the final profit percentage.

125K-48k = 260%-100% = 160%