Question

Find the profit pecent if an article purchased fot 225 with overhead expensive for 15 sold it for 300

Answer 1

Answer:

Cost price = 225 rs

Overhead expense = 15 rs

Final cost price = original cost price + overhead expense

= 225 + 15

= 240 rs

Selling price = 300

Profit = SP - CP

= 300 - 240

= 60 rs

Profit percentage = P / CP * 100

= 60 / 240 * 100

= 25%

Answer 2

Answer:

25% Profit

Step-by-step explanation:

CP = 225

OE = 15

Total CP = 15+225 = 240

SP = 300

P = SP - CP

=300-240

=60

P% = P/CP*100

=60/240*100

=1/4*100(1/4 beacause 60 multiple 4 is 240)

= 25

Profit%=25%