PUMPA - SMART LEARNING

எங்கள் ஆசிரியர்களுடன் 1-ஆன்-1 ஆலோசனை நேரத்தைப் பெறுங்கள். டாப்பர் ஆவதற்கு நாங்கள் பயிற்சி அளிப்போம்

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Mahesh bought a computer worth of \(₹\)5000, and he sold it to his friend on \(₹\)5590.
 
In this transaction, he will get \(₹\)590 as a profit.
 
But can you find the profit percentage of this transaction?
 
We can use this formula to find the profit percentage if we know the profit and cost price of the product.
 
Profit \(\% =\) ProfitCostprice×100 
 
Profit%=5905000×100Profit%=590005000Profit%=11.8
 
Therefore the profit percentage of this transaction is 11.8 \(\%\).
 
Measuring the profit or loss in terms of percentage is an easy and convenient method.
 
That is why most of the shop keepers are mention profit or loss of their product in percentage.
 
We can also apply the same concept to find the original rate of the product if a certain percentage discount is applied to that product.
 
We will see some exercises to understand this concept better.