[tex] \huge \tt \colorbox{yellow}{Question}[/tex]
Find the profit and profit percentage if the cost price of a toy car is Rs. 275 and selling price is Rs. 300?
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Answers & Comments
Given that:-
To find :-
Solution:-
As we know that ,
Profit = Selling Price - Cost price
Profit = 300 - 275
Profit = 25
Therefore , profit is Rs. 25
Now ,
We have to find profit percentage
[tex]=\frac{Profit }{Cost Price } * 100 Percent \\\\= \frac{25}{275} * 100 Percent \\\\=\frac{1}{11} * 100 Percent \\\\= 9\frac{1}{11} Percent[/tex]
Hence , Profit Percentage of a toy car is [tex]9\frac{1}{11}[/tex]%
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Hope it helps :D