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

C.P= Rs.500
S.P=Rs.5600
S.P>C.P , Hence Profit
Profit=S.P-C.P
=Rs.(5600-500)
=Rs.5100
Profit%=Profit/C.P ? 100
=5100/500 ? 100
= 1020%
Hope it helped you!
  • 2
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%
  • -1
Please find this answer

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Profit = 5600 - 500 = 5100 Profit percent = 5100/100 = 51 percent
  • -2
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
  • 1
Please find this answer

  • -1
60 %
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