The cost price of a shirt is Rs. 200 and selling price is Rs 250. Fin
the Profit percentage?
Answers
Answer:
50%
Explanation:
Selling price = Rs 250
Cost Price = Rs 200
Profit = Rs 250 - Rs 200
=Rs 50
Profit % = 50 × 100
200 × 100
= 50 =50%
100
Therefore,the Profit percentage is 50%.
Answer:
Required profit percentage is 25%.
Explanation:
Given,
The cost price of shirt is 200 rupees
And selling price of the shirt is 250 rupees.
We know
Let required profit be x%.
Here,
200 rupees means 100%
By unitary method, 1 rupees means
and 250 rupees means
Therefore, required profit is (125%-100%) = 25%
This is a problem of profit and loss.
Some important concept of profit and loss,
Profit = Selling price - Cost price
Loss = Cost price - Selling price
Know more about Profit and loss-
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