a man buy a cycle 1200 and sell 1500 find profit percentage
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Answered by
4
CP of cycle =Rs 1200
SP of cycle =Rs 1500
SP>CP
Profit = SP-CP
=1500-1200
=Rs 300
Profit %=(Profit/CP )×100
=300/1200×100
=25%
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Answered by
6
Answer:
Cycle has been bought for 1200 and sold out at 1500. So the profit will be 1500–1200= 300Rs.
Profit %=(Profit÷CP)*100
=(300÷1200)*100
=0.25*100
=25%
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