Question

find profit percent when sp equals to 8000 CP equals to 7040

Answer 1

CP=7040
SP=8000
Profit =SP-CP
=8000-7040
=960
Pofit%= profit÷CP×100
=960×100÷7040
=96000÷7040
=13.63%

Answer 2

Selling Price = Rs 8000

Cost Price = Rs 7040

Find Profit:

Profit = Selling Price - Cost Price

Profit = 8000 - 7040 = Rs 960

Find Profit Percentage:

Profit Percentage = profit/cost price x 100

Profit Percentage = 960/7040 x 100 = 13.64%

Answer: The profit percentage is 13.64%