Question

in cost price is rs 80 overhead is RS 20 and selling price is 120 then the profit percent is?

Answer 1

20% this ur answer I hope this is the correct answer.

Answer 2

Answer:

20%

Step-by-step explanation:

Cp = Rs.80

Overhead price = rs.20

Total CP = Rs.80+Rs.20 = rs.100

SP = 120

Profit = SP - CP = 120 - 100 = 20

Profit% = $\frac{Profit}{CP} \times 100$

Profit% = $\frac{20}{80} \times 100$

Profit% = $20\%$

Hence the profit percent is 20%