File the profit and the profit% if a flower vase is bought at₹360 and sold at₹378
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Selling price of the vase = ₹378. Therefore profit = (S.P. - C.P.) = ₹(378 - 360)= ₹ 18. Therefore profit% = (profit/CP × 100)% = (₹18/₹360 × 100)% = 5%.
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Cost price = ₹360
Selling price = ₹378
C.P < S.P = Profit
Profit = Selling price - Cost price
= ₹378 - ₹360
= ₹18
Profit % = Profit x 100 by Cost Price
= 18 x 100
360
= 5 %
The profit percent is 5%.
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