Question

Calculate the profit percent on a product when it is sold for Rs 120 with a profit of Rs 20.​

Answer 1

Answer:

$proit = 20 \\ s.p = 120 \\ c.p = 120 - 20 = 100 \\ profit \: percent = \frac{profit}{c.p} \times 100\% \\ = \frac{20}{100} \times 100\% \\ = 20\%$