If a person purchased bicycle in 500Rs and sold it for 800 Rs. What is the per- centage of profit?
Answers
Answered by
1
Step-by-step explanation:
Answer:
Profit = SP-CP
SO, 800 - 500 - 300
PROFIT PERCENT = profit/ CP -b100
= 300/500x100
= 3/5x100
= 60%
Answered by
0
60%
Step-by-step explanation:
The cost Price of the cycle (CP) is 500 Rs.
The Selling price is (SP) 800 Rs.
The profit earned is, 800–500=300 Rs.
The ratio of Profit and CP is the profit percentage.
Profit %=300/500*100
=60%
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