Question

if CP = Rs. 500 , SP =Rs.600 find profit/loss percent​

Answer 1

Answer:

SP-CP

(600-500) Rs

100Rs

profit=100Rs

Answer 2

Given:

Cost price = 500

Selling price = 600

To Find:

Profit/loss percent

Solution:

Finding the Profit:

When the selling price is more than the Cost price then the profit will occur.

Profit = Selling price - Cost price

Profit = 600 - 500

Profit = 100

Finding the Profit Percentage:

The formula to Profit percentage is as follows:

$= > \dfrac{profit}{cp} \times 100$

$= > \dfrac{100}{500} \times 100$

$= > \dfrac{1}{5} \times 100$

$= > \dfrac{100}{5}$

$= > 20\%$

Hence, if CP = Rs. 500 , SP =Rs.600 then Profit Percentage is 20.