Question

If c.P. =Rs500 S.P.=Rs620 then profit percent is​

Answer 1

Answer:

24%

Step-by-step explanation:

C.P. = Rs. 500

S.P. = Rs. 620

S.P. > C.P.

Hence here is profit

Profit = S.P. - C.P.

         = 620 - 500

         = 120 Rs.

Profit % = Profit / C.P. * 100

             = 120/500 * 100

             = 24%

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Answer 2

The profit % is 24%.

Given:

C.P of item = 500 Rs.

S.P of item = 620 Rs.

To Find:

Profit Percent

Solution:

Profit = S.P - C.P

Profit = 620 - 500

Profit = 120 Rs.

Profit % = (Profit)/CP *100

Profit % = $\frac{120}{500}*100$

Profit % = $\frac{120}{5}$

Profit % = 24 %

Therefore, Profit %  is 24 %.

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