Find the profit percentage of the wholesaler and the manufacturer. Class 8

Find the profit percentage of the wholesaler and the manufacturer. Class 8

Question 1.

Find the profit percentage of the wholesaler and the manufacturer. Class 8

Solution:

Wholesaler : C.P. = ₹ 253

S .P. = ₹ 300

So, Profit = ₹ (300 - 253)

= ₹ 47

Hence, profit% = [latex]\frac{47}{253}[/latex] × 100

= 18.6% (approx.)

Manufacturer : C.P. = ₹ 230

S ,P. = ₹ 253

Profit = ₹253 - ₹ 230

= ₹ 23

So, profit% = [latex]\frac{23}{230}[/latex] × 100

= 10%

Question 2.

Shambhavi owns a stationery shop. She procures 200 page notebooks at ₹ 36 per book. She sells them with a profit margin of 20%. Find the selling price. Class 8

Solution:

C.P. = 200 x ₹ 36 = ₹ 7200

Profit = 20% of ₹ 7200

= [latex]\frac{20}{100}[/latex] × ₹ 7200 = ₹ 1440.

So, S.P. = ₹ 7200 + ₹ 1440 = ₹ 8640.