Rohan bought a calculator for rupees 760 and sold it for rupees 874.find his profit in profit percentage
Answers
Answered by
6
Profit Percent = 15%
Step-by-step explanation:
GIVEN
Cost Price = 760
Selling Price = 874
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TO FIND
Profit Percent
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We know that,
Profit = Selling Price - Cost Price
Profit = 874 - 760
Profit = 114
Profit = ₹114
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Now
Let's find profit percent
We know that,
Profit Percent = ( Profit × 100 ) / Cost Price
Profit Percent = ( 114 × 100 ) 760
Profit Percent = 11400 / 760
Profit Percent = 15
Profit Percent = 15%
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IMPORTANT
Profit = Selling Price - Cost Price
Profit Percent = ( Profit × 100 ) / Cost Price
Loss = Cost Price - Selling Price
Loss Percent = ( Loss × 100 ) / Cost Price
Answered by
3
C.P. = Rs. 760
S.P. = Rs. 874
Profit = S.P. - C.P. = 874-760 = 114
Profit % =
= 14.96 % (approx)
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