sofa set sp=? profit=15000 profit precent = 25%
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➤ Given :-
Profit :- ₹ 15000
Profit percentage :- 25%
➤ To Find :-
Selling price of the sofa in the given sum.............
➤ Solution :-
First, we should find the value of the cost price by using some formulas........
Cost price :-
Now,
Selling price :-
The selling price of the sofa set is ₹ 75000.
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Some related formulas :-
Profit :-
Loss :-
Profit percentage :-
Loss percentage :-
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More to know..............
- Profit and loss are obtained for all shopkeepers in their shops. The profit is obtained when the selling price is greater than cost price. The loss is obtained when the cost price is greater than selling price. The profit and loss can also be converted into percentage format by some mathematical formulas.
- To convert the profit to percentage from, first we should divide the profit and cost price and then multiply by 100.
- To convert the loss to percentage form, first we should divide the loss and cost price and then multiply by 100.
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