Question

c.p=$18.00 s.p=$24.30 profit= ? loss= ? profit/ loss percentage =?​

Answer 1

Answer:

Profit percentage is 25.9 %.

Step-by-step explanation:

Given information,

cp = $ 18

SP = $ 24.30

We have to find out the profit percentage.

As, SP is more than CP profit occurred

Profit = SP - CP

Where,

SP = Selling price

CP = Cost price

By putting given values in these formula

Profit = $24.30-18$

Profit = $6.3$

Profit is $ 6.3 .

We know that,

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

Profit percentage = $\frac{6.3}{24.30} \times 100$

By dividing 6.3 by 24.30 we get

Profit percentage = $0.259 \times 100$

Profit percentage = $25.9\%$

Hence,

Profit percentage is 25.9 %.