Question

If $CP$ is $Rs1500$ and $SP$ is $3$ times $CP$, What is the profit?

Answer 1

Given that,

$C.P=Rs.1500$

then,

selling price is 3 times.

$=Rs.4500$

profit $=4500-1500=3000$

% profit $=\frac{4500-1500}{1500}\times 100$

$=\frac{3000}{1500}\times 100$

$=2\times 100$

$=200$

Then,

We get $200$%