Question

5. Profit %=
x 100%.​

Answer 1

Answer:

If selling price is more than the cost price (S.P. > C.P.), there is a profit.

Profit = S.P. – C. P.          

or, S. P. = P + C. P.           

C.P. = S. P. – P  

Profit percent → profit on $ 100 is called profit%

Profit% is always calculated on C.P

So, profit% = profit/C.P x 100