Question

give the following details about the produxt.......................... given selling price: $400 cost price: $350 calculate profit percent 1. 14% 2. 12% 3.7% 4. 13%

Answer 1

Answer:

CP = ( SP * 100 ) / ( 100 + percentage profit). Formula to calculate cost price if selling price and loss percentage are given: CP = ( SP * 100 ) / ( 100 – percentage loss )