Question

Nidhi SOLD her cycle for Rs 3000 and made a profit of Rs 500. What is her profit percent?​

Answer 1

Answer : 20%

Step-by-step explanation:

SP of cycle = ₹3000

Profit = ₹500

CP of cycle = sp - profit

= 3000 - 500

= 2500

Profit% =

$\frac{500}{2500} \times 100$

= 20%

• Therefore, nidhi has a profit of 20%.