Question

If cost price is 500 and selling price is 600, what is the profit ​

Answer 1

Answer:

100/-

Step-by-step explanation:

profit=cp-sp

=500-600

=100

therefore,ans=100/-

Answer 2

Answer:

Hence it is a Profit of Rs.100

Explanation:

As per the data given in the above question,

The given value is the selling price is Rs.600

The cost price is Rs.500

We have to find the profit.

Here we have to use the formula of profit,

Profit = Selling price - Cost price,

That is P = S.P-C.P

Where S.P is selling price,

And C.P is cost price,

Substitute the value in the above Profit formula we get,

$Profit=600-500\\Profit=Rs.100$

Hence it is a Profit of Rs.100