Profit expressed as a percentage of the sale price is expressed as the percentage of the cost price. Find the profit when expressed as a percentage of cost price. a.50% b.100% c.200% d.None?
Answers
Answer:
200% is correct option for this question
Concept :
It measures how much net benefit a business makes for each dollar of income produced. The proportion of net benefit, otherwise called overall gain, to add up to deals, expressed as a rate, is known as the net revenue. Contingent upon the business in which an organization works, the typical overall revenue proportion can fluctuate. Aside from when explicitly expressed to work out the rate on selling value, the benefit or misfortune % is constantly processed on the expense cost of a thing.
Given:
Profit expressed as a percentage of the sale price is expressed as the percentage of the cost price.
To Find:
the profit when expressed as a percentage of cost price.
Solution:
According to the problem,
By applying the rule,
Profit percentage = (Profit/Cost Price) × .
When, Profit = cost price, then it can be expressed as a percentage of cost price.
Hence the profit will be %
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