Question

cost price = ₹3500
selling price = ₹ 4200
profit =?
profit percent=%?​

Answer 1

Answer:

Profit=S.P -C P

4200-3500

=700

Profit percentage=700/100*3500

=24500%

Step-by-step explanation:

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Answer 2

Answer:

Hence the profit is Rs.700 and profit perecent is 20%

Explanation:

In the above question, it is given that,

The Cost price is Rs.3500

The Selling price is Rs.4200

We have to find the profit.

Here we have to use the formula of Profit,

Profit = Selling price - Cost price,

That is P = S.P-C.P

Where S.P is selling price,

And C.P is cost price,

Substitute the value in the above Profit formula we get,

$P=4200-3500\\P=Rs.700$

Profit Percent is $\%=\frac{P}{C.P} \times 100$

Substitute the value in the above equation we get,

$\%=\frac{700}{3500}\times 100\\=\frac{7}{35}\times 100\\=\frac{1}{5}\times 100\\=0.2\times 100\\=20\%$

Hence the profit is Rs.700 and profit perecent is 20%