Question

if cp is 500 and sp is 600 find the profit in percentage
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Answer 1

Answer:

20

Step-by-step explanation:

As CP < SP, there is a profit,

Profit = SP - CP = 600 - 500 = 100

Profit % = (100/500) × 100 = 100/5 = 20%

Answer 2

•Given-

• SP = 600

• CP = 500

•To find-

• Profit percentage

~We know that

$➛ \rm P\% = \dfrac{ Profit} {CP}$

~Where

➔P = Profit

➔SP = selling price

➔CP = cost price

•Solution-

➥ Profit = SP - CP

➥ Profit = 600 - 500

➥ Profit = 100

☆Profit %☆

$➛ \rm P\% = \dfrac{ Profit} {CP} \times 100$

$➛ \rm P\% = \dfrac{ \cancel{100}} { \cancel{500}} \times 100$

$➛ \rm P\% = \dfrac{ {1}} { {5}} \times 100$

$➛ \rm P\% = \dfrac{ 100} {5}$

$➛ \rm P\% = 20\%$

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☆More☆

Loss = CP - SP

Loss% = Loss/SP×100