An old HP Deskjet printer was bought for ₹4,800 and ₹500 was spent on its repair. If it was sold for ₹6,360, then its profit percentage is:
- A0.18
- B0.2
- C0.15
- D0.12
Solution & Step-by-step Explanation
1. Total Cost Price (CP) includes purchasing cost and repair charges:
Total CP=4800+500=₹5300
Selling Price (SP) = ₹6,360
Profit:
Profit=SP−CP=6360−5300=₹1060
Profit Percentage:
Profit Percentage=
Total CP
Profit
×100
Profit Percentage=
5300
1060
×100=
530
106
×100=0.2×100=20%
In decimal form as presented in the answers, 20%=0.2.
Total CP=4800+500=₹5300
Selling Price (SP) = ₹6,360
Profit:
Profit=SP−CP=6360−5300=₹1060
Profit Percentage:
Profit Percentage=
Total CP
Profit
×100
Profit Percentage=
5300
1060
×100=
530
106
×100=0.2×100=20%
In decimal form as presented in the answers, 20%=0.2.