Question

Ram bought a bicycle for rupees 4000 and sold it for rupees 5600. Find his profit percent ​

Answer 1

Answer:

ram bought bicycle for rupees 4000

amount of bicycle=4000

ram sold it for 5600

therefore

buying price-selling price

=4000- 5600

=1600

profit = 1600

Answer 2

Cost price ⟹ ₹ 4000

Selling price ⟹ ₹ 5600

profit ⟹ selling price - cost price

profit ⟹ ₹ ( 5600 - 4000 )

profit ⟹ ₹ 1600

$profit \%⟹( \dfrac{profit}{cp} \times 100 )\%$

$profit\% ⟹ (\dfrac{1600}{4000} \times 100) \%$

profit % ⟹ 40 %

hence, profit percent is

40 %