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Siddharth sell antique showpieces inhis showroom .he brought antique armchair for Rs3600and sold it for Rs4800.find his profit percentage
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Siddharth sell antique showpieces inhis showroom .he brought antique a...
Calculating Profit Percentage in Antique Showpieces
Profit percentage is a key metric for any business to determine the success of a transaction. In this case, Siddharth purchased an antique armchair for Rs 3600 and sold it for Rs 4800. Let's calculate the profit percentage in detail.
Step 1: Calculate Profit
- Cost Price (CP) = Rs 3600
- Selling Price (SP) = Rs 4800
- Profit = SP - CP
- Profit = Rs 4800 - Rs 3600
- Profit = Rs 1200
Step 2: Calculate Profit Percentage
- Profit Percentage = (Profit / CP) * 100
- Profit Percentage = (Rs 1200 / Rs 3600) * 100
- Profit Percentage = 33.33%
Conclusion
Siddharth's profit percentage on selling the antique armchair is 33.33%. This means that he made a profit of 33.33% on his initial investment of Rs 3600. This percentage indicates the efficiency of his business in generating profits from the sale of antique showpieces.
Community Answer
Siddharth sell antique showpieces inhis showroom .he brought antique a...
33.3(approx) because it is non terminating I think so
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Siddharth sell antique showpieces inhis showroom .he brought antique armchair for Rs3600and sold it for Rs4800.find his profit percentage Related: NCERT Solutions(Part - 1) - Comparing Quantities?
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Siddharth sell antique showpieces inhis showroom .he brought antique armchair for Rs3600and sold it for Rs4800.find his profit percentage Related: NCERT Solutions(Part - 1) - Comparing Quantities? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about Siddharth sell antique showpieces inhis showroom .he brought antique armchair for Rs3600and sold it for Rs4800.find his profit percentage Related: NCERT Solutions(Part - 1) - Comparing Quantities? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Siddharth sell antique showpieces inhis showroom .he brought antique armchair for Rs3600and sold it for Rs4800.find his profit percentage Related: NCERT Solutions(Part - 1) - Comparing Quantities?.
Siddharth sell antique showpieces inhis showroom .he brought antique armchair for Rs3600and sold it for Rs4800.find his profit percentage Related: NCERT Solutions(Part - 1) - Comparing Quantities? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about Siddharth sell antique showpieces inhis showroom .he brought antique armchair for Rs3600and sold it for Rs4800.find his profit percentage Related: NCERT Solutions(Part - 1) - Comparing Quantities? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Siddharth sell antique showpieces inhis showroom .he brought antique armchair for Rs3600and sold it for Rs4800.find his profit percentage Related: NCERT Solutions(Part - 1) - Comparing Quantities?.
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