Question

CP = 650 and SP = 689 Find the profit or loss percentage​

Answer 1

Answer:

Profit percentage is 6%.

Step-by-step explanation:

Given information,

cp = 650

SP = 689

We have to find out the profit or loss 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 = $689-650$

Profit = $39$

Profit is 39 .

We know that,

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

Profit percentage = $\frac{39}{650} \times 100$

By dividing 39 by 650 we get

Profit percentage = $0.06 \times 100$

Profit percentage = $6\%$

Hence,

Profit percentage is 6%.