PERCENTAGE PROFIT 3

A man sold an item at 4000/=. Find the profit made if the percentage profit was 19%.

Solution

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

                         B.P

19%  =      P         X  100   

               4000

4000  x 19 = P x 100   

76,000 = 100P

76,000 = 100P

  100       100

        

P = 760

                      

Hence the profit was 760/=

TRY THIS……………..

A man sold an item at 6000/=. Find the profit made if the percentage profit was 15%.