Question

Saroj purchased a fan for Rs 1000 and sold it for Rs 1200. What is her profit %?

can any one answer this plz ?

Answer 1

Answer:

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Step-by-step explanation:

profit percent = selling price - cost price / cost price* 100

= 1200-1000/1000*100

= 200/1000*100

= 20%

Answer 2

Answer:

Profit = 20%

Step-by-step explanation:

Cost Price (CP) of the fan = Rs. 1000

Selling Price (SP) of the fan = Rs. 1200

Since SP > CP

Therefore,

Profit = SP - CP

= 1200 - 1000

= Rs. 200

Profit % = 200/1000×100

= 20%

Hope this helps you!!