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Calculation Of Profit 

  • Thread starter Amith2006
  • Start date
  • #1
427
2

Homework Statement


A PROFIT OF 25 is MADE on THE COST PRICE OF an ARTICLE. WHAT is THE PROFIT  on THE SELLING price of the ARTICLE?


Homework Equations




The Attempt at a Solution


I think Something is wrong with the question. could Someone Understand the question? A profit is made on C.P. That must BE the selling price. Now, what DO mean by profit  on S.P?
 

Answers and Replies

  • #2
427
2
the squares represent PERCENTILE.
 
  • #3
Dick
Science Advisor
Homework Helper
26,258
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Ok, CP=cost price, SP=selling price. Hence, profit P=SP-CP, right? You are given that P is 25% of CP, I think. Then I believe they are asking what percentage is P of SP. Did I get that right? I'm not an expert at finance. Then do the algebra. If it gets confusing just make up some real numbers that fit the assumptions and do it with them.
 
  • #4
427
2
got ur point. thanx.
 

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