Question

Find profit percentage profit is 800 and CP is 7200

Answer 1

Answer:

proft%= profit/cp ×100

= 800/7200 ×100

= 11.11%

Answer 2

Answer:

Profit percentage is 11.11%.

Step-by-step explanation:

Given information,

cp = 7200

profit = 800

We have to find out the profit percentage.

As we know that,

Profit = SP - CP

Where,

SP = Selling price

CP = Cost price

By putting given values in these formula

800 = SP - 7200

SP = $800 + 7200$

SP = $8000$

Selling price (SP) is 8000.

We know that,

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

Profit percentage = $\frac{800}{7200} \times 100$

By dividing 800 by 7200 we get

Profit percentage = $0.11 \times 100$

Profit percentage = $11.11\%$

Hence,

Profit percentage is 11.11%.