Question

If CP=Rs.80; SP=Rs.120 then find profit percentage.

Answer 1

Step-by-step explanation:

p%=p/c.p×100

p=s.p-c.p

p=120-80

p=40

p%=40/80×100

p%=5%

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Answer 2

Step-by-step explanation:

Given,

C. P = Rs 80

S. P = Rs 120

Hence, profit = S.P - C.P

                      = Rs(120 - 80)

                      = Rs 40

∴ Profit percentage = $\frac{Profit}{C.P}$ × 100

                                 = $\frac{40}{80}$ × 100

                                 = 50‰(Ans)