Calculating Percentage Profit on Calculators
First, determine the cost price (CP) and selling price (SP) of the calculators.
- Cost Price (CP) = ₹550
- Selling Price (SP) = ₹580
Calculating Profit Amount
Profit is the difference between the selling price and the cost price.
Profit = SP - CP
Profit = ₹580 - ₹550 = ₹30
Calculating Percentage Profit
The percentage profit is calculated using the formula:
$ \text{Percentage Profit} = \left( \frac{\text{Profit}}{\text{CP}} \right) \times 100 $
Substitute the values:
$ \text{Percentage Profit} = \left( \frac{30}{550} \right) \times 100 $
Simplify the fraction:
$ \text{Percentage Profit} = \left( \frac{3}{55} \right) \times 100 $
$ \text{Percentage Profit} = \frac{300}{55} $
$ \text{Percentage Profit} \approx 5.4545... \% $
Rounding to two decimal places, the approximate percentage profit is 5.45%.
Similar Questions
Blood has a fluid matrix called __________ in which RBCs, WBCs and platelets are suspended.
- Which fluid carries absorbed fat from intestine and drains excess fluid from extra cellular space back into the blood?
- Which of the following is an important female sex hormone?
- In human beings, which of the following has a high affinity for oxygen?
- Non-clotting of blood occurs because of the deficiency of:
- Which of the following is NOT a part of the human eye?
- In human beings, excretory products in the form of soluble nitrogen compounds are removed by the _____ in the kidneys.
- Which among the following is the largest gland in the human body?
- Which part of the human body is formed by the fusing of the illium, ischium and the pubis?
- Which are the two main organs in the human body where the magnetic field produced is significant?
Important Questions from Human body
Which one of the following hormones increases the heartbeat in mammals?
The digestive enzymes are present in
The transfer of electrical signals by nerve cells in human body is enabled by
The digestion of fat in human intestine is performed by
The part of the human ear that converts the pressure variations associated with audible sound waves to electrical signals is
