Question

Raju bought a toy car for rupees 450 and sold it for rupees 540 . Find the profit percent gained by Raju.

Answer 1

Step-by-step explanation:

CP=450

SP=540

Profit=540-450=90

profit percent= profit/cp

=90/450

=5%

Answer 2

Answer:

To Find :

The Profit Percentage gained by Raju .

Given :

Cost Price = ₹ 450

Selling Price = ₹ 540

We Know :

Profit :

$\sf{\underline{Profit = SP - CP}}$

Profit Percentage :

$\purple{\sf{\underline{\boxed{P\% = \bigg(\dfrac{P}{CP} \times 100\bigg)\%}}}}$

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 :

$\begin{gathered}\implies \sf{Profit = SP - CP} \\ \\ \\ \implies \sf{Profit = 540 - 450} \\ \\ \\ \implies \sf{Profit = 90} \\ \\ \\ \therefore \purple{\sf{Profit = 90}}\end{gathered}$

Hence , the profit is ₹ 90.

Profit Percentage :

Given :

Profit = ₹ 90

Cost Price = ₹ 45

Substituting the values in the formula , we get :

$\begin{gathered}\purple{\sf{P\% = \bigg(\dfrac{P}{CP} \times 100\bigg)\%}} \\ \\ \\ \implies \sf{P\% = \bigg(\dfrac{90}{450} \times 100\bigg)\%} \\ \\ \\ \implies \sf{P\% = \bigg(\dfrac{1}{5} \times 100\bigg)\%} \\ \\ \\ \implies \sf{P\% = 20\%} \\ \\ \\ \therefore \purple{\sf{P\% = 20\%}}\end{gathered}$

Hence the Profit Percentage is 20%.