SP = 1518 and CP = 132. as percentage
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Profit Percent = 1050%
Step-by-step explanation:
GIVEN
Selling price = 1518
Cost price = 132
___________________________
To Find
Percentage
___________________________
We know that,
Profit Percent = Profit × 100 / Cost price
___________________________
To find profit percent,
we need to find profit
Profit = Selling price - Cost price
Profit = 1518 - 132
Profit = 1386
Profit = ₹1386
___________________________
We know that,
Profit Percent = Profit × 100 / Cost price
Profit Percent = 1386 × 100 / 132
Profit Percent = 138600 / 132
Profit Percent = 1050
Profit Percent = 1050%
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