Ali bought motorcycle for 60000 and sold it for rupees 66000 his percentage profit is?

Ali bought motorcycle for 60000 and sold it for rupees 66000 his percentage profit is?

Explanation

Given:
Cost Price (CP) = Rs. 60,000
Selling Price (SP) = Rs. 66,000

Profit (P):


Profit %:

Profit %=(PCP)×100=(6,00060,000)×100=10%text{Profit %} = left( frac{P}{CP} right) times 100 = left( frac{6,000}{60,000} right) times 100 = 10%

Conclusion:
Ali’s profit percentage is 10%. ✅