Sab ke paraathe watch for 280 rupees and sold it for 350 rupees what is his percentage of profit.
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Answer:
Profit% is 25%
Step-by-step explanation:
Question:-
Sab ke bought watch for ₹280 and sold it for ₹350 what is his percentage of profit.
Given:-
Sab ke bought watch for ₹280
He sold it for ₹350
To find:-
The profit%
Solution:-
C. P of watch=₹280
S. P of watch=₹350
sp=selling price
Cp=cost price
So the sp is greater than cp it is a profit
First we have to find profit amount
Profit=selling price-cost price
On substituting the values we get,
=₹350-₹280
=₹70
Next we have to find profit%
On substituting the values we get,
By cancelling with 280 we get,
Therefore profit% is 25%
Additional information:-
Profit=s.p-c.p
Loss=c.p-s.p
Profit%
Loss%
C. p(when profit% is there) =
C. p(when loss% is there) =
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