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A shopkeeper buys a toy for Rs. 250 and sells it for Rs. 285. What is the profit percent?

A shopkeeper buys a toy for Rs. 250 and sells it for Rs. 285. What is the profit percent? 
 

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Grade:8

1 Answers

WillFIRE
36 Points
one year ago
Cost Price=250/-
Selling Price=285/-
Thus, profit = Selling Price – Cost Price = 285 – 250 = 35/-
And profit percentage = Profit/Cost Price x 100 = 35/250 x 100 = 14%

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