Question

rahul purchased a cycle for 800 ruppes and sold it for 1040.Find his profit per cent

Answer 1

C.P=Rs.800.
S.P=Rs.1040.
Profit=S.P-C.P
=Rs.1040-Rs.800
Profit=Rs.240.
Profit%=Profit×100/C.P
=240×100/800
=24000/800
Profit%=30%.ANS.

Answer 2

The answer is 30%

GIVEN

Rahul purchased a cycle for 800 ruppes and sold it for 1040 rupees.

TO FIND

Profit percentage.

SOLUTION

We can simply solve the above problem as follows;

It is given,

Cost price of cycle = Rs 800

Selling price of the cycle = Rs 1040

Profit = Selling price - cost price

Therefore,

Profit = 1040 - 800 = Rs 240

Profit% = (Profit/cost price)×100

= (240/800)× 100

= 0.3 × 100

= 30%

Hence, The answer is 30%

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