Question

CP=4,400 and S.P=4.840, the percent profit is

Answer 1

Answer:

0.0010%

Step-by-step explanation:

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Answer 2

Concept:

• Cost Price: The cost price of an item is the sum spent to acquire it or the cost at which it was produced. The cost price is denoted by the letter C.P.

• Selling Price: The selling price is the cost at which an item is offered for sale. The selling price is denoted by the letter S.P.

Given: CP = Rs 4400

            SP = Rs 4840

To find: the profit percent

Solution:

to find the profit percentage, we use the formula

profit % $= \frac{profit}{CP} * 100$

Hence, for finding the profit we use the formula

profit = SP - CP

profit = 4840 - 4400

profit = 440 Rs.

Therefore,

profit % = $\frac{440}{4400} * 100$

profit % = 10 %

Hence, the profit % is 10%.

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