Question

if cost price=100 and selling price=120 , what will be the profit %?​

Answer 1

Step-by-step explanation:

$profit\% = \frac{(120 - 100) \times 100}{100} = 20\%$

Answer 2

☆Given:

● Cost price (C.P ) = 100

● Selling price (S.P)=120

☆To find:

● Profit percentage (P%)

☆ Formula:

=> Profit (p)= Selling price - Cost price

=> Profit percentage (P%) :

Profit × 100

-----------------

cost price

☆ Solution:

In order to find profit percentange; we need to calculate thr profit first.

Profit = Selling price - cost price

P = 120 - 100

=> Profit = 20

We had calculated profit, with this we can find the profit percentage !

Profit percentange = P × 100

------------

C.P

= 20 × 100 / 100

= 20 %

Profit percentage = 20%

Hope this helps you!