Question

The coat price of an article is ₹1500 and the selling price is ₹2000.Find the profit and profit &profit%​

Answer 1

Question:-

The cost price of an article is ₹1500 and the selling price is ₹2000.Find the Profit and Profit%

${\blue{\underline{\underline{\bold{Answer:-}}}}}$

Cost price of an article = ₹1500

Selling price of the article = ₹2000

Profit = Selling price - Cost price

= ₹2000 - ₹1500

= ₹500

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

= $\frac{500}{1500} \times 100$

= 33.33%

Formulas used in this problem

• Profit = Selling price - Cost price
• Profit% = $\frac{Profit}{Cost \:price}\times 100$

Points to remember

If Selling price > Cost price then profit

• Profit = S.P - C.P
• S.P = C.P + Profit
• C.P = S.P - Profit

If Cost price > Selling price then loss

• Loss = C.P - S.P
• S.P = C.P - Loss
• C.P = S.P + Profit

Answer 2

Answer:

33.33%

Step-by-step explanation:

Given,

Cost Price of an article (C.P) = 1500/-

Selling Price of an article(S.P) = 2000/-Since,

Profit = S.P - C.P = 2000Rs. - 1500Rs. = 500/-

$Profit % = \frac{Profit}{C.P} \times 100\% \\ = > Profit % = \frac{500}{1500} \times 100\% \\ = > Profit % = \frac{1}{3} \times 100\%\\ = > Profit % = 33.33\%$

Hope it helps you......✔✔✔

$\huge\mathfrak\red{Please\:Follow\:Me}$