profit 50 sp 100 find percentage of Profit
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Answer:
Profit percentage is 100%.
Step-by-step explanation:
Given information,
sp= 100
profit = 50
We have to find out the profit percentage.
As we know that,
Profit = SP - CP
Where,
SP = Selling price
CP = Cost price
By putting given values in these formula
50 = 100 - CP
CP =
CP =
Cost price (CP) is 50 .
We know that,
Profit percentage =
Profit percentage =
By dividing 50 by 50 we get
Profit percentage =
Profit percentage =
Hence,
Profit percentage is 100%.
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