Question

8. The cost price of an article is Rs 400 and Selling Price of the same article is Rs 500. At
what profit is the article sold? What is the profit percentage?​

Answer 1

Answer:

Profit =100 PROFIT % = 25%

Step-by-step explanation:

C.P. = 400

C.P. = 400S.P. = 500

C.P. < S.P. = Profit

Profit = S.P. -C.P.

= 500 - 400

= 100

Profit % = Profit × 100

C.P.

= 100 × 100

400

= 100 × 1

4

= 25 %

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