Question

cp =rs 600, sp=rs 650 find profit or loss percentage

Answer 1

p= sp-cp
p=650-600
p=50
profit percent =( p × 100)/cp
profit percent =5000/600
profit percent = 25/3
profit percent=8.3 percent 《 answer

**hope this answer helps**

Answer 2

The percentage of profit = 8.33%

Given :

CP = Rs. 600 , SP = Rs. 650

To find :

The profit or loss percentage

Solution :

Step 1 of 3 :

Write down Cost price and Selling price

Here it is given that CP = Rs. 600 , SP = Rs. 650

Cost price = CP = Rs. 600

Selling price = SP = Rs. 650

Step 2 of 3 :

Calculate amount of profit or loss

Now 650 > 600

∴ Selling price > Cost price

So there is profit

∴ Profit amount

= Rs. 650 - Rs. 600

= Rs. 50

Step 3 of 3 :

Calculate profit percentage

Hence the required profit percentage

$\displaystyle \sf{ = \frac{Profit }{CP} \times 100 \% }$

$\displaystyle \sf{ = \frac{50}{600} \times 100 \% }$

$\displaystyle \sf{ = \frac{1}{12} \times 100 \% }$

$\displaystyle \sf{ \approx 8.33 \% }$

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