A dealer buys a washing machine for Rs. 12500 and sells it for Rs. 13500. Find his profit and profit percentage.

Answer

To solve the problem step by step, we will find the profit and the profit percentage based on the given cost price (CP) and selling price (SP).

### Step 1: Identify the Cost Price and Selling Price
- **Cost Price (CP)** = Rs. 12,500
- **Selling Price (SP)** = Rs. 13,500

### Step 2: Calculate the Profit
Profit can be calculated using the formula:
\[ \text{Profit} = \text{Selling Price} - \text{Cost Price} \]

Substituting the values:
\[ \text{Profit} = 13,500 - 12,500 \]
\[ \text{Profit} = 1,000 \]

### Step 3: Calculate the Profit Percentage
Profit percentage can be calculated using the formula:
\[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{\text{Cost Price}} \right) \times 100 \]

Substituting the values:
\[ \text{Profit Percentage} = \left( \frac{1,000}{12,500} \right) \times 100 \]

### Step 4: Simplify the Profit Percentage Calculation
Now, simplify the fraction:
\[ \text{Profit Percentage} = \left( \frac{1,000 \div 125}{12,500 \div 125} \right) \times 100 \]
\[ \text{Profit Percentage} = \left( \frac{8}{100} \right) \times 100 \]
\[ \text{Profit Percentage} = 8\% \]

### Final Answer
- **Profit** = Rs. 1,000
- **Profit Percentage** = 8%

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