Question

Nikhil sells digital cameras. He bought a DSLR camera for ₹24{,}000₹24,000₹, 24, comma, 000. He sold the camera for ₹25{,}500₹25,500₹, 25, comma, 500.
What is Nikhil's profit per 100100100?

Answer 1

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Answer 2

Question :- Nikhil sells digital cameras. He bought a DSLR camera for ₹24,000 . He sold the camera for ₹25,500.

What is Nikhil's profit per %(Profit per 100) . ?

Solution :-

Given that, Nikhil bought a DSLR camera for ₹24,000 . and sold the camera for ₹25,500.

So,

→ Cost Price of camera = ₹24,000

→ Selling Price of camera = ₹25,500

So,

→ Profit earned by Nikhil = Selling Price - Cost Price

→ Profit = 25500 - 24000

→ Profit = ₹1500 .

Therefore,

→ Profit % = (Profit in Rs. * 100) / (Cost Price).

→ Profit % = (1500 * 100) / (24000)

→ Profit % = (150/24)

→ Profit % = (50/8)

→ Profit % = (25/4)

→ Profit % = 6.25 % . Or, ₹6.25 / 100.

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