Question

find the profit percentage if cp= 1050, so= 1500

Answer 1

Answer:

Explanation:profit =sp-cp

=1500-1050=450

Profit %=(450÷1050)×100

=300÷7

=42.08%

Answer 2

Answer:

Profit percentage is 42%.

Explanation:

Given information,

cp = 1050

SP = 1500

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

Profit = $1500-1050$

Profit = $450$

Profit is 450.

We know that,

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

Profit percentage = $\frac{450}{1050} \times 100$

By dividing 450 by 1050 we get

Profit percentage = $0.42 \times 100$

Profit percentage = $42\%$

Hence,

Profit percentage is 42%.