Question

vinay bought a sofa for rs. 2400 and sold it for rs. 2800. find his profit percent.​

Answer 1

Here,

Cost price=Rs.2400

Selling price=Rs.2800

Therefore,

Profit=Rs.(2800-2400)

=Rs.400

Profit percent=400/2400×100%

=400/24%

=16.66%

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Answer 2

Answer:

Vinay's profit percent is 16.66%.

Step-by-step explanation:

Given:-Cost price =2400

Selling price=2800

To find:-Profit Percent

Formula:-Profit=Selling price - Cost price

Solution:-Profit=Selling price - Cost price

.:Profit= 2800 - 2400

= 400 Rs

.:Percentage= 400 × 100

2400

= 40000

2400

= 16.66

.: Vinay's profit percent is 16.66%.