Teena buys a saree for Rs 1500 and sells it at a profit of Rs300.If she buys another saree for Rs 2000 and sells it making the same rate of profit,what is her profit?
Answers
Answered by
14
Answer:
CP of 1st saree = ₹1500
Profit earned = ₹300
Profit % = 300/1500 ×100
= 1/5 ×100
= 20%
CP of 2nd saree = ₹2000
Rate of profit of 1st saree = Rate of profit of 2nd saree = 20%
Profit earned = 20% of 2000
= 1/5 × 2000
= ₹400
Profit earned on 2nd saree is ₹400.
Hope it helps...
Similar questions