Question

sp=700 cp=560 find% profit​

Answer 1

Given: Selling price$=700$, and Cost price$=560$.

We have to find the profit percentage.

For this, we are using the profit percentage formula. i.e;

$Profit percentage=\frac{profit}{cost price} *100$

Here,

Profit=Selling price - cost price

$=700-560\\=140$

Profit$=140$

Now,

$Profit percentage=\frac{profit}{cost price} *100$

$=>\frac{140}{560} *100\\\\=>25$

Hence, The profit percentage is $25$%.

Answer 2

Given: Selling price = 700 , and Cost price = 560.

We have to find the profit percentage.

For this, we are using the profit percentage formula. i.e;

Profit%= (profit)/(costprice) * 100

Here,

Profit = Selling price - cost price

= 700 - 560

= 140

Profit = 140

Now,

Profit% = (profit)/(costprice) * 100

=140/560 * 100

=25

Hence, The profit percentage is 25 %.