Question

raja bought a pen for RS. 80 he sold the pen to reshma for RS.120 (find the profit% earned by raja)​

Answer 1

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Answer 2

$\underline{\underline{\textsf{\maltese\:\:Question :}}}$

Raja bought a pen for Rs. 80 he sold the pen to reshma for Rs.120. Find the profit % earned by Raja.

$\underline{\underline{\textsf{\maltese\:\: Solution :}}}$

Cost Price (CP) = Rs 80

Selling Price (SP) = Rs 120

As Selling Price (SP) > Cost Price (CP). So there will be Profit.

Profit (P) = Selling Price (SP) - Cost Price (CP)

Profit (P) = Rs 120 - Rs 80

Profit (P) = Rs 40

$\bf{Profit\%= \frac{Profit \: Amount \; (P)\; * \;100}{Cost \: Price \; (CP)}}$

$\sf Profit \% = \frac{Rs \:40 \; * \; 100}{Rs \: 80}$

$\sf Profit \% = 50\%$

∴ Profit % earned by Raja is 50%.

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