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Profit Percentage = (Profit/Cost Price) x 100 Loss Percentage = (Loss/Cost Price) x 100 1. If cost price of an article is Rs. 100 and selling price is Rs. 120, find profit percentage. Profit = Selling Price - Cost Price = Rs. 120 - Rs. 100 = Rs. 20 Profit Percentage = (Profit/Cost Price) x 100 = (Rs. 20/Rs. 100) x 100 = 20% 2. If cost price of an article is Rs. 80 and selling price is Rs. 75, find loss percentage. Loss = Cost Price - Selling Price = Rs. 80 - Rs. 75 = Rs. 5
- Author
- Chaturvedi Dewashish
- Language
- EN