Question

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

Answer 1

11.11% (approx.)

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

=
`(Profit)/(C.P.)` × 100

• [On substituting their value]

=
`(200)/(1800)` × 100

• [On simplifying]

=
`(1)/(9)` × 100

• [On dividing 100 by 9]

=
`11(1)/(9)`%

OR

= 11.11% (approx.)

Hence,

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