if selling price is 12 R.s and cost price is 5 r.s what percentage is profit? how?
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✮ Question : Find profit percentage if C.P = 5 and S.P = 12
✮ Given : C.P = 5 and S.P = 12
✮ To Find : Profit Percentage
✮ Answer : Profit Percentage = 140 %
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✮ Explanation :
- As S.P is more than C.P it's a profit and now we need to calculate Profit percentage
Profit Percentage = (Selling Price - Cost Price) / Cost Price × 100
⇒ Profit Percentage = (12 - 5)/5 × 100 %
⇒ Profit Percentage = 7/5 × 100 %
⇒ Profit Percentage = 700/5 %
⇒ Profit Percentage = 140 %
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