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A Shopkeeper Buys a Product for 500 End Se"sit for 650 What Is the Profit Percentage? 20% 25% so

Question

A shopkeeper buys a product for 500 end se"sit for 650 what is the profit percentage? 20% 25% so

Solution

Verificación de expertos
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%.