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

Pergunta

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

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

Solução

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HermíniaMestre · Tutor por 5 anos

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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.<br /><br />The cost price is $500, and the selling price is $650.<br /><br />Profit = Selling Price - Cost Price<br />Profit = $650 - $500 = $150<br /><br />Profit Percentage = (Profit / Cost Price) * 100<br />Profit Percentage = ($150 / $500) * 100 = 30%<br /><br />Therefore, the correct answer is 30%.
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