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
= $200
Therefore,
The profit percentage is
= [tex]\frac{Profit}{C.P.}[/tex] × 100
- [On substituting their value]
= [tex]\frac{200}{1800}[/tex] × 100
= [tex]\frac{1}{9}[/tex] × 100
= [tex]11\frac{1}{9}[/tex]%
OR
= 11.11% (approx.)
Hence,
Required percentage profit of Hassan is 11.11% (approx.)(Ans)
