Question

An article costing Rs. 500 is sold for Rs. 750
what is the profit percent?
Steps are to be the brainliest answer

Answer 1

Step-by-step explanation:

CP of article = ₹ 500

SP of article = ₹ 750

Since, SP > CP

Therefore,

Profit = 750 - 500 = ₹ 250

$profit \: percent \: = \frac{profit}{cp} \times 100 \\ = \frac{250}{500} \times 100 \\ = \frac{250}{5} \\ = 50 \% \:$

Answer 2

According to the question the CP = Rs 500

and the SP = Rs 750

Profit amount = Rs 750 - Rs 500

= Rs 250

Profit percentage

$= \frac{profit \: amount \: }{cost \: price \: of \: the \: article} \times 100\%\\ = \frac{250}{500} \times 100\% \\ = 50 \%$

As as per the solution the profit percentage is 50%

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