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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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Answer:
Given that,
Cost Price of a toy car = Rs 275
Selling Price of a toy car = Rs 300
We know,
\begin{gathered}\rm \: Profit = Selling \: Price \: - \: Cost \: Price \\ \end{gathered}
Profit=SellingPrice−CostPrice
\begin{gathered}\rm \: = \: 300 - 275 \\ \end{gathered}
=300−275
=25
So,
\begin{gathered}\bf\implies \:Profit \: = \: Rs \: 25 \\ \\ \end{gathered}
⟹Profit=Rs25
Now,
\begin{gathered}\rm \: Profit\% \\ \end{gathered}
Profit%
⟹Profit%=9
11
1
%
Verified answer
Step-by-step explanation:
CP= RS.275
SP=RS.300
SP>CP=PROFIT
PROFIT=>
=SP-CP
=RS.300-RS.275
=RS.25
PROFIT%=>
=PROFIT/CP×100
=25/275×100
=100/11
=9.09%
Hope it helps:)