Question

Ankur bought a T.V set for Rs.7200. He sold it for Rs.7500. Find his profit percent.

Answer 1

$C.P$ of the T.V set $=Rs.7200$

$S.P$ of the T.V set $=Rs.7500$

We know that

$Profit\left(\%\right)=\frac{S.P-C.P}{C.P}\times 100$

Therefore,

$Profit\left(\%\right)=\frac{7500-7200}{7200}\times 100$

$Profit\left(\%\right)=\frac{300}{7200}\times 100$

$Profit\left(\%\right)=4.17\%$

Hence, this is the answer.