An almirah bought for 500Rs was sold for 5600Rs.What is the profit percent?

1120% is the answer as c.p=500 and s.p=5600 so profit % is equal to
Profit/initial value= 5100/500=11.2*100%=1120%

Please find this answer

Profit = 5600 - 500 = 5100 Profit percent = 5100/100 = 51 percent

Hello abhinaya
first you should know the formula of profit percent - profit (upon/) cost pricemultiplyed by 100
know take out the profit
sp-cp
sp=5600rs
cp=500rs
5600-500
=5100
profit =5100
know profit percent
5100\500multiply 100
=1020%
hope it helps
regards

Please find this answer

60 %