PERCENTAGE PROFIT 2

Dikshi got a profit of 1,794/= after selling an item for 24,794/=. Find the percentage profit.

Solution

%’ge profit = Profit   x  100  [where B. P. represents Buying Price.]

                        B.P

But; Profit = SP - BP;     [where S. P. represents Selling Price.]

So; B.P = SP – Profit

B.P = 24,794 – 1794

       = 23,000

%’ge profit = 1794   x  100    

                      23000

%’ge profit = 1794 

                      230

%’ge profit = 7⁴/5%   

        

              

Hence Percentage Profit was 7⁴/5%   

TRY THIS………………..

Janhwi got a profit of 220,000/= after selling an item for 266,200/=. Find the percentage profit.      Answer 21%