Question

Shivam sold an article for ₹.4600. If cost price of the article is 2400, find the profit percent
A. 0.9
B. 0.9166
C. 1.1
D. 1

Answer 1

Answer:

sp=4600

cp=2400,so

profit =sp-cp

4600-2400

2200

so, profit percentage= 2200/4600*100

= 47.82 profit

Answer 2

Given,

Shivam sold an article for ₹ 4600.

To Find,

If the cost price of the article is 2400, find the profit percent.

Solution,

We can solve the question as follows:

It is given that the selling price of an article is Rs. 4600 and the cost price is Rs. 2400. We have to find the profit percent.

$Cost\: price = Rs.\: 2400$

$Selling\: price = Rs.\: 4600$

The formula for profit percent is given as:

$Profit\: percent = \frac{Selling\: price - Cost\: price}{Cost\: price} *100$

Substituting the values in the above formula,

$Profit\: percent = \frac{4600-2400}{2400} *100$

                        $= \frac{2200}{2400}*100$

                        $= \frac{22}{24}*100$

                        $= 0.91*100$

                        $= 91$%

Hence, the profit percent is 91%.