A person bought one kg of Apple for peace 450 and sold for rupees 500 the percentage of price earned is?

A person bought one kg of Apple for peace 450 and sold for rupees 500 the percentage of price earned is?

Explanation

Total Cost = Rs. 450

Profit        = Rs.  50

Formula  = profit / Cost x 100

                = 50/450 x 100

                = 11.5%