Question

2. Profit per cent =
profit
original cost
x 100​

Answer 1

Answer:

Example Question Using the Formula for Profit

He sells them for Rs. 45 each. Calculate the profit and the profit percentage. So, the profit percentage of the shopkeeper will be (25 / 20) × 100 = 1.25 × 100 = 125%.

((Price - Cost) / Cost) * 100 = % Markup

If the cost of an offer is $1 and you sell it for $2, your markup is 100%, but your Profit Margin is only 50%. Margins can never be more than 100 percent, but markups can be 200 percent, 500 percent, or 10,000 percent, depending on the price and the total cost of the offer.