Question

Find profit or loss percentage of sp=560 ,cp=540

Answer 1

Sp is greater than cp

so profit .

profit = 560-540

profit = 20

$...$

profit percent = 20/540*100

= 200/54

= 3.7%

Answer 2

Answer:

The profit % is 3.7%

Step-by-step explanation:

Given :

Selling Price = Rs. 560

Cost Price = Rs. 540

To find :

Loss or Profit %

Solution :

560 > 540

SP > CP

Therefore, it's profit.

★ Profit =

⇒ SP - CP

⇒ 560 - 540

⇒ 20

Profit = Rs. 20

★ Profit % =

⇒ Profit/CP × 100

⇒ 20/540 × 100

⇒ 1/27 × 100

⇒ 3.7 %

Profit % = 3.7 %

Therefore, the profit % is 3.7%