A trader buys one kilogram of coffee at ₹125 and sells at ₹200. What is his profit percentage?
Given:
Cost Price (C.P.) = ₹125 per kilogram
Selling Price (S.P.) = ₹200 per kilogram
Formula Used:
Profit Percentage =
Where:
Profit = Selling Price - Cost Price
Solution:
First, calculate the profit:
Profit = 200 - 125 = 75
Now, calculate the profit percentage:
Profit Percentage =
Thus, the trader's profit percentage is 60%.
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