Question

A vendor bought sweets for $Rs.50$ and sold these for $Rs.80$ to school children. Find his profit percentage.

Answer 1

Given that,

$C.P.=Rs.50$

$S.P.=Rs.80$

We know that, $Profit\%=\frac{SP-CP}{CP}\times 100$

$=\frac{80-50}{50}\times 100$

$\frac{30}{50}\times 100$

$=60\%$

Hence, the profit $60\%$.