Question

Rajesh bought a sofa set for rs 6500 and paid 150 for its transportation. He then sold it for rs 7500. Find his profit percent

Answer 1

Total Cost of the sofa = Rs.6500 + Rs.150 = Rs.6650

Selling Price = Rs.7500

Profit = Selling price - Cost price = Rs.7500 - Rs.6650 =Rs.850

Profit% = Rs.850/ Rs.6650 × 100 = 12.78%

Answer 2

Cost price of sofa set = RS 6,500.

transportation cost = RS 150.

Total cost price = 6500+150=6650.

selling price = RS 7500.

profit = 7500-6650 =RS 850.

Profit % = 850×100/6650 = 340/27.

.= 12.59