Question

cp =100 profit=20 profit percentage?​

Answer 1

Step-by-step explanation:

profit percentage=profit/C.P×100

= 20/100 ×100

=1/5 ×100

=20%

Answer 2

Answer:

Profit percentage is 20%.

Step-by-step explanation:

Given information,

cp= 100

profit= 20

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

20 = SP - 100

SP = $20 + 100$

SP = $120$

Selling price (SP) is 120.

We know that,

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

Profit percentage = $\frac{20}{100} \times 100$

By dividing 20 by 100 we get

Profit percentage = $0.2 \times 100$

Profit percentage = $20\%$

Hence,

Profit percentage is 20%.