If the cost price is Rs.400 and selling price is Rs.500, then what is the profit percentage?
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Answers
Answered by
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Step-by-step explanation:
Find an answer to your question Find the gain percentage if cost price is Rs.400 and selling price is Rs.500.
Answered by
1
Answer:
P r o f i t % = 25 %
Step-by-step explanation:
Given: cost price = Rs 400 and selling price = Rs 500
To find: We have to find the profit percentage.
Solution:
Given that:
Cost price (CP) = ₹ 400
Selling price (SP) = ₹ 500
Now,
Profit = SP CP
Profit = ₹ 500 ₹ 400
Profit = ₹ 100
So,
.
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