Hi! Kindly give me the formula for finding the percentage of profit.

Mathematics

2 answers:

Ipatiy [6.2K]3 years ago

7 0

Step-by-step explanation:

Given:

Profit P and selling price Sp

Find cost price Cp first:

Cp = Sp - P

To find the percentage profit divide the profit by the cost price and multiply by 100%:

P% = P/(Sp - P)*100%

gavmur [86]3 years ago

3 0

When the selling price and the cost price of a product is given, the profit can be calculated using the formula, Profit = Selling Price - Cost Price. After this, the profit percentage formula that is used is, Profit percentage = (Profit/Cost Price) × 100.

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