Shweta buys an old mobile for rs. 6400 and spends rs. 600 on its repairs.if she sells the mobile for rs 8400, her profit percent is
Answers
your answer is 3.71% or 3.7%
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 :-
We have :-
- Profit = 8400-7000 = 1400.
- C•p• = 8400.
Finding the Value of x :-
Putting the values in the formula,
x = 1400/8400×100
x = 140000/8400
x = 1400/84
x = 16•65%.
Hence,
- Profit percent is 16•65%.
More Formulas :-
Profit S•P-C•P
Loss = C•P-S•P
Profit % = (Profit/CP)×100
Loss % = (loss/C•P)×100
S•P = C•P(100+profit %)/100
S•P = C•P (100-Loss%)/100
C•P = (100*S•P)/(100+Profit%)
C•P = (100*S•P)/(100-Loss%)
S•P = M•P - Discount
S•P = Price after Discount + Vat
Vat% = Vat/(Price after Discount×100)
Discount = Marked Value - Selling Price
Discount%= (Actual Discount)/(Face Value)×100
Where,
S•P = Selling Price.
C•P = Cost Pr
M•P = Marked price.
Vat = Value added tax.
Profit = When an article is sold at a price higher than its cost price, it is said to make a profit on the article.
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.
Discount = The discount which is given while selling an article is called discount. The discount is given on the marked price.