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Profit and loss

# Finding profit percent

Let's find profit percentage using a couple of examples that have simple numbers. Created by Aanand Srinivas.

## Want to join the conversation?

• In , I guest the right answer using a weird method. Can we use this?
I just made a fraction 2/10.
Since 2 is a fifth of 10, it is 20%
What do you think?
• yes correct. Since 2/10 *100 =20% your answer is coreect
• We could also cancel the zeroes in 50 and 1000 and get 5/100 which is the same as 5%
• an article when sold at a profit of 5% yields Rs. 50 more than when sold at loss of 5%. what was the cost price of the article ?
• If you have selling price, and you have profit% percent, then how do you find it using fraction method?

I don't really understand it in school...
• Hi i have a question, if we are asked to find selling price if cost price and loss% or profit% is there how can we find SP ?
• to take the profit percent we can also use the formula profit/C.P. multiply by 100
• How do we find cost price, please?.
(1 vote)
• in real life it is how much you buy it for but in a math question they will probably give the required information to get it or will directly give it