who can we find the profit presents
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We can find profit percent by first finding the profit amount (subtracting CP from SP) and then dividing it by CP and multiplying by 100.
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Answer:
If selling price is more than the cost price (S.P. > C.P.), there is a profit.
Profit = S.P. – C. P.
Profit percent → profit on $ 100 is called profit%
Profit% is always calculated on C.P
So, profit% = profit/C.P x 100
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