Ramu marked his bicycle at 800. He sold it without offering any discount. The price at which he bought it was 500. Find his profit percentage.

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A 60
Profit % $= \frac{S P - C P}{C P} \times 100 = \frac{800 - 500}{500} \times 100 = 60$ %

Suggest Corrections

Similar questions

Sonu bought a bicycle for Rs 3,750 and spent Rs 250 on its repairs. He sold it for Rs 4,400. Find his loss or profit percentage.

Q. Harsha bought a bicycle for ₹ 4000. He spent ₹ 500 on maintenance and sold it for ₹ 6000. Find his loss/profit percent on selling this bicycle.

Q. Jack sold his mobile at

10 %

discount on marked price. He bought the mobile for

R s 900

and wants to get

10 %

profit. What should be the marked price ?

A salesman calculated his profit on the marked price and finds it to be $30 %$ . He forgets the fact that he gave a discount of $20 %$ . What is his actual profit percentage?

Q. Jeevan bought an article with 30 percent discount on the labelled price . He sold the article with 12 percent profit on the labelled price what was his percent profit on the price he bought?

Join BYJU'S Learning Program

Select...

Ramu marked his bicycle at 800. He sold it without offering any discount. The price at which he bought it was 500. Find his profit percentage.

The correct option is A 60Profit % =SP−CPCP×100=800−500500×100=60 %

The correct option is A 60
Profit % $= \frac{S P - C P}{C P} \times 100 = \frac{800 - 500}{500} \times 100 = 60$ %