If the cost price of a table is ₹400 and the selling price is ₹600, then find the profit percentage.
- A55%
- B45%
- C33%
- D50%
Solution & Step-by-step Explanation
Given:
Cost Price (CP) = ₹400
Selling Price (SP) = ₹600
We know that:
Profit=SP−CP
Profit=600−400=₹200
Now, calculate the profit percentage:
Profit Percentage=(
CP
Profit
)×100
Profit Percentage=(
400
200
)×100=50%
Cost Price (CP) = ₹400
Selling Price (SP) = ₹600
We know that:
Profit=SP−CP
Profit=600−400=₹200
Now, calculate the profit percentage:
Profit Percentage=(
CP
Profit
)×100
Profit Percentage=(
400
200
)×100=50%