Question

Selling price of an article is 1700. Profit made on it is 6.25%. What is profit ? ( Give steps for ur answer )​

Answer 1

Answer:

Rs.100

Step-by-step explanation:

Selling Price (SP) = Rs.1700

Profit = 6.25%

=> (100+6.25)% of CP = SP

=> 106.25% of CP = 1700

=> 10625/10000 × CP = 1700

=> CP = Rs.1600

Profit = SP - CP = Rs.(1700-1600) = Rs.100

Answer 2

₹ 100 is the right answer

hope it helps you