PERCENTAGES B3

A man sold an item at 9000/=. Find the profit made if the percentage profit was 2²/9% .

Solution

%’ge profit = Profit   X  100    where B. P. represents Buying Price.

                         B.P

2²/9% =      P         X  100   

                 7000

9000  x 2²/9% = P x 100   

¹⁰⁰⁰9000  x  20 = P x 100

                      9₁

1000 x 20 = 100P

20,000 = 100P

20,000  = 100P

  100         100

        

P = 200

                      

Hence the profit was 200/=