Question

you sold a laptop if your cost price to selling price is 6:8 have you earned profit or loss
what is percentage of profit or loss percent​

Answer 1

Answer:

profit %=33.3%

Step-by-step explanation:

let c.p=6x and sp =8x

profit= sp-cp

=8x-6x

=2x

profit%=(profit*100)/cp

=(2x*100)/6x

=33.3%

Answer 2

Concept:

PROFIT is the money made when a product is sold for more than what it costs to produce.

Loss(L)

A loss is defined as the sum the seller experiences after selling the good for less than its cost.

COST Price  (CP)

Cost price refers to the price paid to purchase a good or commodity. Denoted as CP as well. This cost price is divided into two more categories:

Fixed Cost: Under any conditions, the fixed cost remains constant.

Variable Cost: It may change depending on the quantity purchased and other elements.

Sales price (SP)

The selling price is the price at which a product is sold. Typically, it is identified as SP. also known as a sale price on occasion.

Profit% = profit/CP x 100%

Loss% = loss/CP x 100%

Given:

You sold a laptop if your cost price to selling price is 6:8 have you earned profit or loss

Find:

What is percentage of profit or loss percent​

Solution:

let c.p=6x and sp =8x

profit= sp-cp

=8x-6x

=2x

profit%=(profit*100)/cp

=(2x*100)/6x

=33.3%

Therefore, the profit percentage ia 33.33%

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