Question

SP =Rs. 1540 and profit = Rs. 340.Find profit percentage​

Answer 1

Step-by-step explanation:

profit is 1540-340= 1200

profit percentage = 340/1200*100= 2.8%

Answer 2

Answer:

Profit percentage is 28.3 % .

Step-by-step explanation:

Given information,

SP = Rs. 1540

Profit  =  Rs. 340

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

340 = 1540 - CP

CP = 1540 -  340

CP = 1200

Cost price (CP) is Rs. 1200 .

We know that,

Profit percentage = $\frac{profit}{cp}\times 100$

Profit percentage = $\frac{340}{1200}\times 100$

By dividing 340 by 1200 we get

Profit percentage = $0.283\times 100$

Profit percentage = $28.3\%$

Hence,

Profit percentage is 28.3 % .