Question

Cost price= $350 and selling price= $400. find the profit percent.​

Answer 1

400-350/350*100

=14.3%

Answer 2

Given:

• CP= $350
• SP= $400

Note that:

• CP= Cost Price
• SP= Selling Price

Solution:

`\large\boxed {Formula:Profit\% = ((SP - CP))/(CP) * 100}`

First, we'll have to deduct the cost price (350) from the selling price (400).

`400 - 350`

`= 50`

Now, we'll have to divide the deducted amount (50) by the cost price (350) and multiply by 100.

`(50)/(350) * 100`

`= 14.28571429 \: \%`

= 14.3%

Hence, the profit is 14.3%