suppose you bought a gift for rina at Rs 960 which the shopkeeper had bought at Rs 600 .find out the profit percentage
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gift bought by me = 960 ₹
gift bought by shopkeeper = 600₹
profit = 960 - 600
= 360
profit percentage =360÷600 ×100
= 60 %
gift bought by shopkeeper = 600₹
profit = 960 - 600
= 360
profit percentage =360÷600 ×100
= 60 %
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profit % = profit*100/CP
profit = SP-CP
=960-600
=360
now, profit % =
360*100/600
=360/6
=60%
profit = SP-CP
=960-600
=360
now, profit % =
360*100/600
=360/6
=60%
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