Find the profit percent if C.P-200,SP-250
Answers
Answered by
8
Answer:
profit = SP - CP
= 250 - 200
= 50
profit percent = profit/CP × 100
= 50/200 × 100
= 25%
Step-by-step explanation:
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Answered by
37
Given :
- Selling Price (S.P) = Rs 250
- Cost Price (C.P) = Rs 200
To Find :
- Gain or Lose %
Solution :
- Here, as we are given that S.P and C.P , so to find gain or loss %, we have to find whether here is gain or loss.
- In order to calculate gain or loss, we'll compare C.P and S.P. If S.P is greater than there is gain, if C.P is greater than there is loss.
- And then we'll find the gain or loss % by the given formula:
If there is gain :
- Gain% = Gain / C.P × 100
If there is loss :
- Loss% = Loss / C.P × 100
__________________
S.P = Rs 250
C.P = Rs 200
•›» Since, S.P is greater than C.P. Thus, there is gain. We know that :
➞ Gain = Selling Price - Cost Price
➞ Gain = 250 - 200
➞ Gain = Rs 50
__________________
Clearly, there is gain of Rs 50 Now, we have to find the rate of gain i.e gain% . So, we know that :
⟾ Gain% = Gain / C.P × 100
⟾ Gain% = 50 / 200 × 100
⟾ Gain% = 50 / 20 × 10
⟾ Gain% = 50 / 2
⟾ Gain% = 25%
Thus Gain% is 25%
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Extra Information:
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