Question

O 250
14. A shopkeeper sold an article for Rs. 4500. If the cost price of the article is 3200, find the profit percent​

Answer 1

Step-by-step explanation:

profit=sp-cp

profit=4500-3200

profit=1300rs

Answer 2

Given,

• The selling price of an article = Rs. 4500
• The cost price of an article = Rs. 3200

To find,

• We have to find the profit percent.

Solution,

We can simply find the profit percent by using the following formula:

     Profit % = P/CP * 100      (1)

As we know,

                    Profit = Selling price - Cost price

Profit = Rs. 4500 - Rs. 3200

Profit = Rs. 1300

Now, for finding profit % using (1), we get

Profit % = 1300/3200 * 100

            = 40.6 %

Hence, a shopkeeper sold an article for Rs. 4500. If the cost price of the article is 3200, then the profit percent is 40.6%