Question

salma bought a car of 50000 and sold in 60000 what percentage of profit did he get. plz solve with step by step.​

Answer 1

$\large\sf\underline{Understanding\:the\:question:}$

Here we are given CP of the car as Rs 50000 and SP as Rs 60000 . And we do know that when the cost price is less than the Selling price the person is having some profit . So according to the question we are asked to find the profit percentage . We will first find the profit and then profit percentage so let's begin !

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$\large\sf\underline{Given:}$

• Cost price of car = Rs 50000

• Selling price of car = Rs 60000

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$\large\sf\underline{To\:find:}$

• Profit percentage

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$\large\sf\underline{Solution:}$

We know ,

$\large{\mathfrak\purple{Profit\:percentage=\frac{Profit \times 100}{Cost\:price}}}$

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To find profit percentage we need to find profit and we do know that :

$\large{\mathfrak\purple{Profit\:=\:SP-CP}}$

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• Let's substitute the given value in the profit formula

$\sf\implies\:Profit=Rs(60000-50000)$

${\sf{{\green{\implies\:Profit=Rs 10000 }}}}$

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• Now substituting the values in the profit percentage formula

$\sf\to\:Profit\:percentage=\frac{10000 \times 100}{50000}$

$\sf\to\:Profit\:percentage=\frac{1000000}{50000}$

$\sf\to\:Profit\:percentage=\frac{100\cancel{0000}}{5\cancel{0000}}$

$\sf\to\:Profit\:percentage=\frac{100}{5}$

$\sf\to\:Profit\:percentage=\cancel{\frac{100}{5}}=20$

${\sf{{\green{\to\:Profit\:percantage\:=20\:percent }}}}$

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!! Hope it helps !!

Answer 2

Answer:

profit of 10000 rupees

Step-by-step explanation:

bought a car in = 50000

sold a car in = 60000

60000

-50000

10000

profit of 10000 rupees