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## Class 7 (Old)

### Course: Class 7 (Old)>Unit 7

Lesson 5: Profit or loss as a percentage

# 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?

• We could also cancel the zeroes in 50 and 1000 and get 5/100 which is the same as 5%
• 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?
• 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
• umm where is the other voice
• i dont get it at all not one bit
• Well I think you need to watch more videos on Percentage.
(1 vote)
• 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
• did you guys how to find profit percentage if you know help me
(1 vote)
• Sure, I can help with that. The formula to calculate profit percentage is:
Profit Percentage=Cost PriceProfit​×100
Here’s how it works:

Profit is the amount earned from selling a product, which is the selling price minus the cost price.
Cost Price is the original price of the product, or how much it cost to produce or purchase the product.

You multiply the result by 100 to convert it into a percentage. This gives you the profit as a percentage of the cost price. If you have the values for Profit and Cost Price, you can substitute them into this formula to find the Profit Percentage.
(1 vote)