Question

Sunil purchased a sofa for * 18000 and then sell it for * 18900,
Find his profit percent?​

Answer 1

CP = 18000

SP = 18900

Profit = SP - CP = 18900 - 18000 = 900

Profit% = Profit/CP × 100

=> 900/18000 × 100

=> 90000/18000

=> 90/18

=> 5%

Thank you