A dealer goes from Meerut to Delhi to buy an article which cost 12% less in Delhi than in Meerut. His expenses are Rs.240 and he makes a profit of Rs.300 on selling the article in Meerut and what is profit percent?

Asked by Ponrajan Himashree | 10th Apr, 2013, 12:48: PM

Expert Answer:

Profit percent = Profit/CP *100 
Profit percent = 300/240 * 100 = 125%

Answered by  | 11th Apr, 2013, 08:32: AM

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