Fill in the blanks to make the statement true: Sonal bought a bed sheet for ₹ 400 and sold it for ₹ 440. Her ________% is ________.

Answer:

Sonal bought a bed sheet for ₹ 400 and sold it for ₹ 440. Her Profit % is 10.

Given:

  • The cost price of bed = ₹ 400
  • The selling price of the bed = ₹ 440

SP is more than CP so,

Profit = SP – CP

Profit = 440 – 400

Profit = ₹ 40

We know that,

Profit percentage = (Profit/CP) × 100

Profit = (40/400) × 100

Profit = 10%

Percentage

In mathematics, a percentage is a number or ratio that can be expressed as a fraction of 100. To determine the percentage, we have to divide the value by the total value and then multiply the resultant to 100.

Percentage formula = (Value/Total value)×100

Example: 35/100= 35%

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