raju bought a toy car for rs 450 and sold it for rs 540 find the profit percentage gained by raju
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To Find :
The Profit Percentage gained by Raju .
Given :
- Cost Price = ₹ 450
- Selling Price = ₹ 540
We Know :
Profit :
Profit Percentage :
Where,
- CP = Cost Price
- P = Profit
- P% = Profit Percentage
Solution :
Profit :
Given :
- Cost Price = ₹ 450
- Selling Price = ₹ 540
Substituting the values in the formula for Profit , we get :
Hence , the profit is ₹ 90.
Profit Percentage :
Given :
- Profit = ₹ 90
- Cost Price = ₹ 450
Substituting the values in the formula , we get :
Hence the Profit Percentage is 20%.
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