Question

Shweta buys an old mobile for Rs. 6400 and spends Rs. 600 on its repairs. If she sells the mobile
.
Rs. 8400, her profit percent is:​

Answer 1

Given that :-

• Shweta buys an old mobile for Rs. 6400.
• spends Rs. 600 on its repairs.
• sells the mobile Rs. 8400.

To find :-

• What is Profit percent.

Let us assume :-

• Profit percent of mobile is x.

We know that :-

• $\sf \: profit \: \% = \frac{profit}{c•p•} \times 100.$

We have :-

• Profit = 8400-7000 = 1400.
• C•p• = 8400.

Finding the Value of x :-

$\dashrightarrow$ $\sf \: profit \: \% = \frac{profit}{c•p•} \times 100.$

Putting the values in the formula,

$\dashrightarrow$ x = 1400/8400×100

$\dashrightarrow$ x = 140000/8400

$\dashrightarrow$ x = 1400/84

$\dashrightarrow$ x = 16•65%.

Hence,

• Profit percent is 16•65%.

More Formulas :-

$\dashrightarrow$ Profit S•P-C•P.

$\dashrightarrow$ Loss = C•P-S•P.

$\dashrightarrow$ Profit % = (Profit/CP)×100.

$\dashrightarrow$ Loss % = (loss/CP)×100.

$\dashrightarrow$ S•P = CP(100+profit %)/100.

$\dashrightarrow$ S•P = CP (100-Loss%)/100.

$\dashrightarrow$ C•P = (100*S•P)/(100+Profit%).

$\dashrightarrow$ C•P = (100*S•P)/(100-Loss%).

$\dashrightarrow$ S•P = M•P - Discount.

$\dashrightarrow$ S•P = Price after Discount + Vat.

$\dashrightarrow$ Vat% = Vat/(Price after Discount×100).

$\dashrightarrow$ Discount = Marked Value - Selling Price.

$\dashrightarrow$ Discount%= (Actual Discount)/(Face Value)×100.

Where,

S•P = Selling Price.

C•P Cost Price.

M•P = Marked price.

Vat = Value added tax.

Additional information :-

$\dashrightarrow$ Profit = When an article is sold at a price higher than its cost price, it is said to make a profit on the article.

$\dashrightarrow$ Loss = When an article is sold at a price less than its cost price, then in this situation there is said to be a loss on the article.

$\dashrightarrow$ Discount = The discount which is given while selling an article is called discount. The discount is given on the marked price.