Question

if the peofit made on a car toy is ₹24 and the selling price₹504 then find profit %​

Answer 1

Answer:

Profit % = 5%

Given that sp= 504

profit=24

p=sp-cp

cp=sp-cp

504-24=480

p%=profit/cp*100

24/480*100=5%

Answer 2

The correct answer =5%

Selling price i.e s.p=504

profit=24

We know that:

p=sp-cp

cp=sp-p

which is, cp=504-24

=480

Now, profit%=profit/cp × 100

=24/480×100

=5%

To know more about profit and loss refer to this link:

https://brainly.com/question/24124325#SPJ10