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What will be the percentage profit after selling an article?

What will be the percentage profit after selling an article?

Let the actual selling price of an article be Rs. 5. ∴ The profit percentage after selling an article is 8.33\%.

What is profit in selling an article at a discount of 20\% which was earlier being sold at a 40\% profit?

What is percentage profit in selling an article at a discount of 20\% which was earlier being sold at a 40\% profit? On selling an article at a discount of 20\%, the profit is 20\%.

What is the formula for calculating profit percentage?

Profit Percentage Formula This profit is based on the cost price, hence, the formula to find the profit percentage is: (Profit/Cost Price) × 100.

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How do you find the percentage of a price?

The following formula is a common strategy used to calculate the percentage of something:

  1. Determine the whole or total amount of what you want to find a percentage for.
  2. Divide the number that you wish to determine the percentage for.
  3. Multiply the value from step two by 100.
  4. Finding the ending number.
  5. Finding the percentage.

What is the profit percentage of the sale of 22410?

If 180 is the selling price, profit percentage is 80\%. Lets take a different cost price now. If it is sold at half of 44820 i.e. 22410 loss is 2490 which is 10\% of 24900. A shopkeeper sells 2 articles, one at a profit of 10\% and the other at a loss of 10\%.

How do you calculate profit and loss percentage?

To calculate the loss percent = ( (common loss or gain)/10)^2 P calculates his profit percent on selling price while Q calculates his profit percent on cost price. They notice that difference between their profits is 1000 rupees. If selling price of both P and Q are same and P gets 40\% profit and Q gets 60\% profit.

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How to find the difference between profit and selling price?

They notice that difference between their profits is 1000 rupees. If selling price of both P and Q are same and P gets 40\% profit and Q gets 60\% profit. Then find their selling price Let selling price = SP and cost price of A = CP1 and that of Q = CP2. For P, \% profit = (SP – CP1)/SP = 40/100.

How do you find the percent profit of P and Q?

If selling price of both P and Q are same and P gets 40\% profit and Q gets 60\% profit. Then find their selling price Let selling price = SP and cost price of A = CP1 and that of Q = CP2. For P, \% profit = (SP – CP1)/SP = 40/100. We get CP1 = (3/5)*SP For Q, \% profit = (SP – CP2)/CP2 = 60/100.