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Komal purchased a wrist watch to 850,She sold it to Rajni at 916. Find theProfit % |
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Answer» ong>Step-by-step explanation:P> Given:-Komal purchased a wrist watch to 850, She sold it to Rajni at 916. To find:-Find the Profit percentage ? Solution:-The Cost Price of the wrist watch =Rs. 850 Selling Price of the wrist watch = Rs. 916 916 > 850 Selling Price > Cost Price Profit = Selling Price - Cost Price Profit = 916 -850 Profit = Rs. 66 We know that Profit Percentage = (Profit/Cost Price)×100 =>P% = (66/850)×100 =>P% = (66×100)/850 =>P%=6600/850 =>P% = 660/85 =>P% = 132/17% =>P% =7.76% (approximately) Answer:-Profit Percentage for the given problem is 7.76% Used formulae:-
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