PERCENTAGE PROFIT - 1

A man got a profit of 200/= after selling an item for 2000/=. Find the percentage profit.

Solution

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

                        B.P

%’ge profit = 200   X  100   

                     2000

%’ge profit = 10%   

                       

Hence Percentage Profit is 10%

TRY THIS………………….

A man got a profit of 200/= after selling an item for 4000/=. Find the percentage profit.