A pen was purchased at ₹ 10 and was sold at ₹ 15. Find the profit percent.

15%

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12%

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50%

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10%

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Solution

The correct option is C
50%

Cost Price (CP) of the pen = ₹ 10

Selling Price (SP) of the pen = ₹ 15

Since SP > CP, we have a profit.

Profit = SP - CP

= ₹ 15 - ₹ 10

= ₹ 5

$Profit % = \frac{Profit}{CP} \times 100$

$= \frac{₹ 5}{₹ 10} \times 100$

$= 50 %$

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A pen was purchased at ₹ 10 and was sold at ₹ 15. Find the profit percent.

The correct option is C 50% Cost Price (CP) of the pen = ₹ 10 Selling Price (SP) of the pen = ₹ 15 Since SP > CP, we have a profit. Profit = SP - CP = ₹ 15 - ₹ 10 = ₹ 5 Profit%=ProfitCP×100 =₹ 5₹ 10×100 =50%

The correct option is C
50%

Cost Price (CP) of the pen = ₹ 10

Selling Price (SP) of the pen = ₹ 15

Since SP > CP, we have a profit.

Profit = SP - CP

= ₹ 15 - ₹ 10

= ₹ 5

$Profit % = \frac{Profit}{CP} \times 100$

$= \frac{₹ 5}{₹ 10} \times 100$

$= 50 %$