Question

Anu bought stationery for ₹22,000. She paid ₹ 500 for transportation and ₹1500 as tax.
If she sold all her stationery for ₹25000, find her profit/loss percent.

• A. Approximately 5.1% loss
• B. Approximately 4.1% profit
• C. Approximately 4.1% loss
• D. Approximately 5.1% profit

Answer 1

The correct option is B Approximately 4.1% profit

Cost price of stationery = ₹22000
Transportation = ₹500
Tax = ₹1500
$\therefore$ Total cost price = 22000 + 500 + 1500 = ₹24000
Selling price of stationery = ₹25000
$\because$ S.P>C.P, Anu has made a profit.
Profit = S.P - C.P = 25000 - 24000 = ₹1000
Profit percent = $\frac{profit}{costprice}\times 100$
= $\frac{1000}{24000}\times 100$ = 4.1%
Anu profit = 4.1%