Question

Cost price= $350 and selling price= $400. find the profit percent.​

Answer 1

Given:

• CP= $350
• SP= $400

Note that:

• CP= Cost Price
• SP= Selling Price

Solution:

$\large\boxed {Formula:Profit\% = \frac{(SP - CP)}{CP} \times 100}$

First, we'll have to deduct the cost price (350) from the selling price (400).

$400 - 350$

$= 50$

Now, we'll have to divide the deducted amount (50) by the cost price (350) and multiply by 100.

$\frac{50}{350} \times 100$

$= 14.28571429 \: \%$

= 14.3%

Hence, the profit is 14.3%

Answer 2

400-350/350*100

=14.3%