Question

Hassan buys a car from $1800 and sells it $2000 what is Hassan percentage profit????

Answer 1

Answer:

11.11% (approx.)

Step-by-step explanation:

Given,

Cost Price (C.P.) of a car bought by Hassan = $1800

Selling Price (S.P.) of the car = $2000

So,

Profit earned by Hassan

= S.P. - C.P.

• [On substituting their value]

= $2000 - $1800

• [On subtracting]

= $200

Therefore,

The profit percentage is

= $\frac{Profit}{C.P.}$ × 100

• [On substituting their value]

= $\frac{200}{1800}$ × 100

• [On simplifying]

= $\frac{1}{9}$ × 100

• [On dividing 100 by 9]

= $11\frac{1}{9}$%

OR

= 11.11% (approx.)

Hence,

Required percentage profit of Hassan is 11.11% (approx.)(Ans)