PERCENTAGE PROFIT 5

A man got a profit of 100/= after selling an item for 2500/=. Find the percentage profit.

Solution

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

                        B.P

%’ge profit = 100   X  100   

                     2500

%’ge profit = 4%   

    

Hence Percentage Profit is 4%

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A man got a profit of 200/= after selling an item for 3000/=. Find the percentage profit.