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Standard V
Mathematics
Calculating Profit and Loss Percentage
Rekha sold a ...
Question
Rekha sold a saree for ₹3,456 with a profit of ₹256. Her profit percentage was
A
8%
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B
10%
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C
7%
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Solution
The correct option is
A
8%
Profit percentage =
P
r
o
f
i
t
C
o
s
t
P
r
i
c
e
×
100
Here, Selling price = ₹3,456
Profit = ₹256
Cost Price = Selling Price - Profit
∴
Cost price = 3,456 - 256 = ₹3,200
∴
Profit Percentage =
256
3200
×
100
=
8%
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