You bout a dress for 200birr and you sold it for 400birr what was your percentage profit
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Question :
You bought a dress for 200 birr and you sold it for 400 birr. What was your percentage profit?
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Before, finding the answer. Let's find out we can find the answer.
- In this question, we are asked to find the Profit percent.
- So, to find that, we have to first subtract the Selling Price and Cost Price to find the Profit.
- Next, to find the Profit Percent, we must use the formula of :
________________________
Given :
- Cost Price = 200 birr
- Selling Price = 400 birr
To find :
- Profit Percentage
Solution :
Since,
S.P > C.P [Here, it is Profit]
Profit = S.P - C.P
= 400 - 200
= 200
Therefore, Profit is 200 birr.
We know that,
Therefore, the Profit Percentage is 100%.
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GIVEN :-
TO FIND :-
★ PROFIT PERCENTAGE ★
FORMULA USED :-
SOLUTION :-
S.P > C.P ( HERE IT'S PROFIT )
★ PROFIT = S.P - C.P
★ PROFIT = 400 - 200
★ PROFIT = 200
→ SO THE PROFIT IS 200 BIRR...
SO,
100 % IS THE PROFIT ✅
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