Question

Acowbought 5000 sold 5500 profit percentage

Answer 1

Step-by-step explanation:

Cp = 5000

Sp = 5500

profit = Sp-cp

= 500

profit % = (profit/cp)×100

= 500/5000×100

=500/50

= 10

profit is 10%

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Answer 2

Answer:

Profit percentage is 10 %.

Step-by-step explanation:

Given information,

Cost price of cow = 5000

Selling price of cow = 5500

We have to find out the profit percentage.

As we know that,

Profit = SP - CP

Where,

SP = Selling price

CP = Cost price

By putting given values in these formula

Profit = $5500-5000$

Profit = $500$

Profit is 500.

We know that,

Profit percentage = $\frac{profit}{cp}  \times 100$

Profit percentage = $\frac{500}{5000}  \times 100$

By dividing 500 by 5000we get

Profit percentage = $0.1 \times 100$

Profit percentage = $10\%$

Hence,

Profit percentage is 10 %.