Shopkeeper sold 2500 article if the cost price of the article is 2000 fint the profit percent
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Answer:
Sp = 2500
Cp = 2000
Profit = 2500-2000 =500
Profit% = 500/2000*100 = 25%
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Given,
The Selling Price of an article is Rs.2500
The Cost price of an article is Rs.2000
To find,
Profit percent
Solution,
We have to solve this equation by a simple mathematical procedure,
First, we have to find out Profit,
We know, Profit= S.p-C.p
⇒Rs(2500-2000)
⇒Rs.500
∴The profit for an article is Rs.500
Now we have to find the profit percentage, Profit=
By applying the formula, we get
Profit =×100
⇒25%
Hence the profit percent of the article is 25%.
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