swetha buys an old mobile for 6400rs and spends 600 on its repairs if she sells the mobile for 8400 for profit percentage
Answers
Answer:
total money spent for the old mobile= 6400+600=7000
she sells mobile for 8400
therefore she has a profit of Rs.1400
profit percentage=
1400×100÷7000
20%
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.