Three handbags are bought at the rate of rs 1500 per piece. Transporting them cost rs 125. If they are sold for rs 5087.50, find the profit made and the profit percent.
Answers
Answered by
18
Answer:
10%
Step-by-step explanation:
The profit made will be S.P. - C.P.
Total C.P. = 3(1500) + 125
= 4500+125
= 4625
Therefore Profit = 5087.50 - 4625
Profit = 462.5
Profit Percent = Profit X 100 ÷ C.P.
= 462.5 X 100 ÷ 4625
=46250 ÷ 4625
= 10
therefore profit percent is 10%
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Answered by
7
Answer:
Profit- 462.5
Profit %= 10
Step-by-step explanation:
cost of three handbags= 4500
Transport charge= 125
cost price = 4,625
sell price = 5,087.50
Profit= 5,087.50-4625
= 462.5
Profit% = Profit/cost price*100
= 462.5/4625*100
= 10%
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