An article is sold 315.00 and the profit is 65.00 find the Percentage profit.
Answers
Step-by-step explanation:
First we have to find the Cost price .... as SP and Profit are given
Sol) CP= SP×100/100+Profit
= 31500/100+Profit
= 31500/100+65.00
=315/165
=1.90
Now, time to take PROFIT
Profit = SP-CP
= 315.00-1.90
= 313.1
PROFIT in %
=Profit/CP×100
=313.1/1.90×100
ANSWER=16,478.9474
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Answer:
Profit percentage is 26%.
Step-by-step explanation:
Given information,
Selling price = 315
profit = 65
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
65 = 315 - CP
CP =
CP =
Cost price (CP) is 250.
We know that,
Profit percentage =
Profit percentage =
By dividing 65 by 250 we get
Profit percentage =
Profit percentage =
Hence,
Profit percentage is 26%.