PERCENTAGE PROFIT 1

A man got a profit of 500/= after selling an item for 7500/=. Find the percentage profit.

Solution

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

                      B.P.

%’ge profit = 500   X  100   

                    7500

%’ge profit = 5¹   X  100   

                    75₁₅

%’ge profit = 100   

                      15

%’ge profit = 6¹⁰/₁₅%   

%’ge profit = 6²/₃%   

                       

Hence Percentage Profit is 6²/₃% 

TRY THIS……………………………

A man got a profit of 1000/= after selling an item for 38,000/=. Find the percentage profit.