Question

Rohit purchased 200 toys at ` 20 each. He sold all toys at ` 30 each. Find out total profit and percentage of profit earned.

Answer 1

Here,

CP of 200 toys=200x20=Rs.4000

SPof 200 toys=200x30=6000

Profit=SP-CP=6000-4000=2000

Profit%=P/CP×100%

=2000/4000×100%

=50%