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Write the formula to find the profit %, if selling price and cost price both are given.

1 Answer

1 vote

Answer:


profit \: percent = (sp - cp)/(cp) * 100 \: percent

where,

SP=Selling price

CP=Cost price

For example:

Given,

Selling price(SP)= 1000

Cost price(CP)=800

Now,


profit \: percent = (sp - cp)/(cp) * 100 \: percent \\ = (1000 - 800)/(800) * 100 \\ = (200)/(800) * 100 \\ = 25 \: percent

Hope this helps...

Good luck on your assignment..

User Carte
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