Question

By selling an article for 8876.35, Shambhu profit 1238.60, find his profit percentage​

Answer 1

his profit percent will be. ...

13.95%

Answer 2

Answer:

Profit percentage is 16.2 % .

Step-by-step explanation:

Given information,

Selling price of article = 8876.35

Profit earned  =  1238.60

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

1238.60 = 8876.35 - CP

CP = 8876.35 -  1238.60

CP = 7637.75

Cost price (CP) is 7,637.75

We know that,

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

Profit percentage = $\frac{1238.60}{7637.75}\times 100$

By dividing 1238.60 by 7637.75 we get

Profit percentage = $0.162\times 100$

Profit percentage = $16.2\%$

Hence,

Profit percentage is 16.2 %