please someone help me out with the question
- A man makes a profit of 5% by selling article for rs840. what percentage of profit will be made if he sold it for rs 900
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please someone help me out with the question
- A man makes a profit of 5% by selling article for rs840. what percentage of profit will be made if he sold it for rs 900
Answered by
1
First let's find CP on Sp= ₹840
Cp= 100/100+P% × Sp
Cp= 100/100+ 5 × 840
Cp= 100/105 × 840
Cp= ₹800
Now Profit % on ₹900 = Profit/CP × 100
Profit= SP- CP
= 900-800
= ₹100
Profit % = 100/800 × 100
= 12.5%
Hence, Profit Made of ₹900 is 12.5%
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