Question

Find the profit %in each of the following =C.P=98900, S. P=104834

Answer 1

Given

cost price = 98900

selling price = 104834

selling price > cost price ; so profit exists

we know that profit = selling price - cost price

104834 - 98900 = 5934

profit percentage = (profit/costprice)*100 = (5934/98900)*100 = (593400/98900) = 6%