Question

Ravi buys a cycle for Rs 1700 and sells it at Rs 1870. What is his profit

percentage.

Answer 1

Answer:

Profit is 17%

Step-by-step explanation:

Given,

CP=1700

SP=1870

we know,

Profit%=((SP-CP)/CP)*100

Profit%=((1870-1700)/1700)*100

Profit%=170/17

Profit%=17%