Respuesta :

Given:

Selling price (S.P.)= $4,600

Cost price (C.P.)= $4,000

To find:

The profit percentage.

Solution:

Formula used:

[tex]\text{Profit}\%=\dfrac{S.P.-C.P.}{C.P.}\times 100[/tex]

Using this formula, we get

[tex]\text{Profit}\%=\dfrac{4600-4000}{4000}\times 100[/tex]

[tex]\text{Profit}\%=\dfrac{600}{40}[/tex]

[tex]\text{Profit}\%=15[/tex]

Therefore, the profit percentage is 15%.

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