Subscribe to our YouTube channel for the latest videos, updates, and tips.
Calculate Profit Percent
We will learn how to calculate profit percent. Profit percentage is always calculated on cost price (C.P.).
Formula to find profit% = profit/C.P. × 100%.
1. By selling goods for $9000; a profit of $1000 is made. Find the profit percent.
Solution:
Given, selling price of goods = $9000 and profit made = $1000
Therefore, C.P. = S.P. - profit
= $9000 - $1000
= $8000
And, profit% = (profit/cost price) × 100%
= (1000/8000) × 100%
= (1/8) × 100%
= 12.5%
Therefore, profit percent by selling goods is 12.5%.
More
examples to calculate profit percent:
2. By selling a machine at $240 a man gains 25%. What would be his gain percent by selling the machine at $216?
Solution:
Let cost price (C.P.) = $ 100
Gain = 25%
Selling price = $100 + $25 = $125
If selling price is $125, then cost price is $100.
If selling price is $1, then cost price is $(100/125)
If selling price is $240, then cost price is $100/125 × 240 = $192
Now, if the S.P. is $ 216, then gain = $216 - $192 = $24
Gain% = gain/cost Price (C.P.) × 100
= 24/192 × 100
= 25/2
= 12 1/2
Therefore, gain percent by selling a machine is 12 1/2%.
3. If the selling price of 20 books is the same as the cost price of 21 books. Find the profit percent.
Solution:
Let cost price of each book be $1
Cost price of 20 books = $1 × 20 = $20.
Selling price of 20 books = cost price of 21 books = $21.
Profit = selling price - cost price
= $21 - $20
= $1
Profits% = profit/cost price × 100
= 1/20 × 100
= 100/20
= 5
Therefore, profit percent is 5%.
To find Profit or Loss when Cost Price and Selling Price are Given
To find Selling Price when Cost Price and Profit or Loss are Given
To find Cost Price when Selling Price and Profit or Loss are Given
Calculate Profit or Loss Percent
Calculate Profit and Selling Price
Calculate Loss and Selling Price
6th Grade Math Practice
From Calculate Profit Percent to HOME PAGE
Didn't find what you were looking for? Or want to know more information about Math Only Math. Use this Google Search to find what you need.
Recent Articles
-
Expanded form of Decimal Fractions |How to Write a Decimal in Expanded
May 07, 25 01:48 AM
Decimal numbers can be expressed in expanded form using the place-value chart. In expanded form of decimal fractions we will learn how to read and write the decimal numbers. Note: When a decimal is mi… -
Dividing Decimals Word Problems Worksheet | Answers |Decimals Division
May 07, 25 01:33 AM
In dividing decimals word problems worksheet we will get different types of problems on decimals division word problems, dividing a decimal by a whole number, dividing a decimals and dividing a decima… -
How to Divide Decimals? | Dividing Decimals by Decimals | Examples
May 06, 25 01:23 AM
Dividing Decimals by Decimals I. Dividing a Decimal by a Whole Number: II. Dividing a Decimal by another Decimal: If the dividend and divisor are both decimal numbers, we multiply both the numbers by… -
Multiplying Decimal by a Whole Number | Step-by-step Explanation|Video
May 06, 25 12:01 AM
Multiplying decimal by a whole number is just same like multiply as usual. How to multiply a decimal by a whole number? To multiply a decimal by a whole number follow the below steps -
Word Problems on Decimals | Decimal Word Problems | Decimal Home Work
May 05, 25 01:27 AM
Word problems on decimals are solved here step by step. The product of two numbers is 42.63. If one number is 2.1, find the other. Solution: Product of two numbers = 42.63 One number = 2.1
● Profit And Loss - Worksheets
Worksheet on Calculating Profit or Loss
Worksheet on Calculating Cost Price
Worksheet on Calculating Selling Price
Worksheet on Cost Price and Selling Price
Worksheet on Calculating Profit or Loss Percent
Worksheet on Profit or Loss Percent
Worksheet on Calculating Overhead Charges
New! Comments
Have your say about what you just read! Leave me a comment in the box below. Ask a Question or Answer a Question.