Math, asked by saaif6320, 1 year ago

What is the percent profit earned by selling the product? i. the profit earned was rs.50. ii. had it been sold for rs.310, the profit would have been rs.70?

Answers

Answered by Akv2
1
IF THE PRODUCT HAD BEEN SOLD FOR ₹ 310 THE PROFIT WOULD HAVE BEEN ₹ 70.

THEN,

COST PRICE OF THAT PRODUCT = 310 - 70 = ₹ 240

COST PRICE OF THE PRODUCT IS ₹ 240

PROFIT % = (PROFIT / CP)×100

PROFIT PERCENT = 50 / 240 X 100

PROFIT PERCENT = 5000 / 240

PROFIT PERCENT = 28.33 %

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