Question

Namrataben bought 20 sarees at the cost of Rs.200 per saree. She got Rs.5000 on selling of these sarees. Then how much percentage profit or loss does she make?

Answer 1

here is your answer

given :

cost price = 20 sarees for 200 rupees per saree
= 20*200
= rs4000

selling price = rs5000

here, profit will be there as SP > CP

to find : profit percentage

solution :

profit = selling price - cost price

profit = 5000-4000

profit = rs1000

now,

profit percent = (profit/cost price)*100

profit percent = (1000/4000)*100

profit percent = 25%

so, profit & profit percentage on sarees will be 1000 & 25% respectively.

Answer 2

Given...

Cost of each saree = 200

No.of sarees bought = 20

*Total Cost Price = Cost of each saree × No.of sarees bought

= 200 × 20 = 4000

Given selling Price = 5000

we know that

*Profit

= Selling Price - Cost Price

= 5000 - 4000 = 1000

*Profit Percentage

= (profit/cost price )×100

= (1000/4000)×100

= 0.25×100

=25 % is the profit Percentage