Question

The cost price of an article is (CP) and its actual profit is (P). Find the profit percent in terms of CP of P​

Answer 1

Step-by-step explanation:

Cost price=CP

Actual profit=P

Profit rate=?

We know,

Profit rate=(Actual profit/CP)×100%

Answer 2

Answer:

profit % = profit /CP * 100

Step-by-step explanation:

This is a formula for finding profit percentage , for this we divide actual profit by Cost Price and multiple the result by 100

profit %= actual profit / cost price * 100