Question

Raman bought a sewing machine for $Rs.2400$. He sold it for $Rs.3000$.

Calculate his $\left(i\right)$ profit $\left(ii\right)$ profit percent.

Answer 1

Given, C.P. $=2400$ and S.P. $=3000$

Profit $=SP-CP=3000-2400=600$ Rs

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

$=\frac{600}{2400}\times 100=25$ %