Question

Nitya purchased gold earrings for 8,000
and five years later sold them at 9,600.
What is her profit per cent?​

Answer 1

Answer:

20%

Step-by-step explanation:

profit×100/ cost price

profit = selling price-cost price

= 9600-8000

= 1600

1600×100/8000

=20%

Answer 2

Step-by-step explanation:

c.p. = 8000

s.p.= 9600

profit: 9600-8000 = 1600 rupees

profit % = profit/cost price X 100

$\frac{1600}{8000} \times 100$

= 20

thus, the answer is 20%