A skorit is
bought for Rs.250 and
sold for rupees 300 find the profit percent
Answers
➤ Given :-
Cost price (CP) :- ₹ 250
Selling price (SP) :- ₹ 300
➤ To Find :-
Profit percentage of the skorit ............
➤ Solution :-
The profit percentage of the skorit is 83.33%.
Answer:
The profit percentage is 20%
Step-by-step explanation:
Profit in general means the difference between the amount of money earned during a buisness transaction and the amount of money spent in buying something.
The formula for profit is given by:
Net Profit = Selling Price - Cost Price
Profit percent is just the profit represented in terms of percentage.
Profit percent is just the profit represented in terms of percentage.Profit percentage= Money earned or profit/Cost price × 100
Calculations:
Cost price is equal to 250 rupees per unit.
Selling price is equal to 300 rupees per unit.
Profit= 300-250=50 rupees per unit.
Profit percentage = 50/250 ×100= 20%
So the profit percentage is 20%
Project code #SPJ2