Question

What is the percentage profit if a shopkeeper buys in a football for $12 and sells it for $15

Answer 1

HELLO FRIEND,

Here is your answer-

Profit = S.P - C.P

= $15-$12

= $3

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Answer 2

Step-by-step explanation:

CP=12

SP=15

profit =SP-CP

=15-12

Profit =3

percentage profit =

$100 \times \frac{pofit}{cost \: price}$

=

$100 \times \frac{3}{12}$

$100 \times \frac{1}{4}$

$\frac{100}{4}$

=25 %

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