Question

Suppose a shopkeeper has bought 1 kg of apples for 100 rs. and sold it for rs 120 per kg. calculate the percentage of the profit gained by shopkeeper ​

Answer 1

Step-by-step explanation:

Selling Price for apples is 120 rs. Q. 2: For the above example calculate the percentage of the profit gained by the shopkeeper. Therefore, Profit percentage = (20/100) x 100 = 20%.

Give me some multiple thanks

Answer 2

Answer:

=> 20%

Step-by-step explanation:

As per the data given in the question, we have to find the percentage of gained profit.

The Cost Price is Rs. $100$ and The Selling Price is Rs. $120$ per kg.

As we know that,

The profit made by the shopkeeper,

=> $P = SP -CP$

=> $P= 120-100$

=> $P=Rs.20$

The formula of profit percentage,

$Profit\%=\frac{Profit }{CP }\times 100$

$=> \frac{20}{100} \times 100$

=> 20%

Hence, the profit percentage is $20\%.$