Question

If CP is rs800 overhead expense is rs 150 MP is rs 1200 and the discount percentage is 5 % then what is the profit percentage?

Answer 1

This is ur answer hope it will help u

Answer 2

Hi ,

1 ) CP = Rs 800

Overhead expenses = Rs 150

Total cost price = 800 + 150 = Rs 950

2 ) m.p = Rs 1200

Discount ( d ) = 5%

Selling price ( SP ) = mp( 100 - d ) /100

= 1200 ( 100 - 5 ) /100

= 12 × ( 100 - 5 )

= 1200 - 60

= 1140

SP = Rs 1140

Now ,

SP > total CP

He gets profit.

Profit = SP - total cost price

= 1140 - 950

= 190

profit = Rs 190

Profit percentage

= ( profit × 100 )/total cost price

= ( 190 × 100 )/ 950

= 100/5

= 20

Profit percentage = 20

I hope this helps you.

:)