The cost price of a pen is 12. But the shopkeeper sold it for
18. What is the percentage of profit obtained by the
shopkeeper?
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Answers
Answer:
Profit = S.P - C.P
Profit = 18 - 12
Profit = Rs. 6
Now finding profit percentage:
Gain% = Gain/C.P × 100%
Gain% = 6/12 × 100%
Gain% = 1/2 × 100%
Gain% = 100/2 %
Gain% = 50%
So the percentage of profit or gain obtained by the shopkeeper = 50%
The profit percentage obtained by the shopkeeper is
GIVEN: Cost of pen = 12; Shopkeeper sold it at a price =18
TO FIND: Profit percentage
SOLUTION:
The cost price of a pen = 12
A shopkeeper sold it at a price = of 18
Profit on a pen = Selling Price - Cost Price
= 18 - 12
= 6
To calculate the profit percentage we will use the formulae × 100
Profit percentage = × 100
= 50%
The percentage of profit earned by the shopkeeper is 50%.
The percentage of profit earned by the shopkeeper is 50%.
PROJECT CODE #SPJ3