Question

find profit or loss percentage CP 350 and SP is 500
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Answer 1

Answer:

Step-by-step explanation:

CP=350rs

SP=500rs

profit = SP - CP

         = 500 - 350

          = 150Rs

profit percentage = profit/CP x 100                            

                             = 150/350 x 100

                             = 150/7 x 2

                             =  300/7%

                             ans=300/7% is profit percentage

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Answer 2

Answer:

Profit percentage is 42%.

Step-by-step explanation:

Given information,

cp = 350

SP = 500

We have to find out the profit 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 = $500-350$

Profit = $150$

Profit is 150.

We know that,

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

Profit percentage = $\frac{150}{350} \times 100$

By dividing 150 by 350 we get

Profit percentage = $0.42 \times 100$

Profit percentage = $42\%$

Hence,

Profit percentage is 42%.