Question

The CP of an article is 6000. It is sold at 6500. find the profit and profit percentage​

Answer 1

Answer:

profit = sp-cp

profit=6500-6000

profit=500

profit% = profit/cp×100

= 500/6000× 100

= 50000/6000

=8.3%

Answer 2

Given :-

Cost price = 6000

SP = 6500

To Find :-

Profit and profit percentage

Solution :-

Since SP is greater than CP

Therefore, there is a profit.

Total profit = SP - CP

= 6500 - 6000

= 500

Therefore, total profit is ₹500

$Profit\: percentage\: =\: {\dfrac{Profit \times 100}{CP}}$

On inserting the values in the formula

We get ,

$Profit\: percentage\: =\: {\dfrac{500 \times 100}{6000}}$

$=\: {\dfrac{50000}{6000}}$

= 8.33

Therefore Profit percentage is 8.33%