Question

If the sale is ₹ 400000 and the gross profit is 25% of the cost, then what will be the amount of gross profit?​

Answer 1

Answer:

Explanation:

500000

Answer 2

Answer :

The gross profit is

Rs. 80000

solution,

Sp = Rs. 400000

P% = 25%

P = ?

We know that ,

$p\% = \frac{sp - cp}{cp} \times 100\%$

$25 = \frac{400000 - cp}{cp} \times 100$

25cp = 40000000 - 100 cp

125 cp = 40000000

cp = Rs. 320000

Profit = sp - cp

Profit = 400000 - 320000

Rs. 80000

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