Total cost of a product: Rs 10,000. Profit: 25% on Selling Price What is the profit? Profit
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Question:
"Total cost of a product: Rs 10,000.
Profit: 25% on Selling Price
What is the profit?
Profit on C.P = 10000 25/100 = 2500
Profit on S.P = 2500/(10000-2500) 10000 = Rs. 3,333.
The question is how to calculate the profit on selling price? Does any formula to calculate that?
Expert Answer:
To calculate the profit on the selling price you can use the following formula Profit on ... View the full answer
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