Sumedha earned Rs. 1000 profit monthly by investing Rs 25,000.capital then at the end of the year, how much was her percentage profit at the end of the year.??????
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Answer:
percentage profit at the end of the year = 48%
Step-by-step explanation:
formula:-
profit percentage = (profit * 100)/total investment amount
It is given that,
Sumedha earned Rs. 1000 profit monthly by investing Rs 25,000.capital then at the end of the year,
After 1 year Sumedha get 12*1000 = 12000 profit
To find the profit percentage
profit percentage = (profit * 100)/total investment amount
profit =RS. 12,000
investmet amount = RS. 25,000
profit percentage = (12000*100)/25000 = 48%
Therefore percentage profit at the end of the year = 48%
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