Question
A shopkeeper buys a product for 500 end se"sit for 650 what is the profit percentage? 20% 25% so
Solution
4.5
(259 Votos)
Hermínia
Mestre · Tutor por 5 anos
Resposta
To calculate the profit percentage, we need to find the difference between the selling price and the cost price, and then divide that by the cost price.The cost price is
650.Profit = Selling Price - Cost PriceProfit =
500 =
150 / $500) * 100 = 30%Therefore, the correct answer is 30%.