Question

Can someone pls show how to do this is with explanation

Answer 1

Answer:

4.16%

Step-by-step explanation:

You can use the equation below to solve such questions

$\% \: profit = \frac{(selling \: price - cost \: price)}{cost \: price} \times 100$

Substitute the values in the question to the equation

$= \frac{(1250 - 1200)}{1200} \times 100$

$= 4.16\%$

Answer 2

Answer:

Step-by-step explanation:

You basically just need to know the profit percentage equation which is

Profit % = $\frac{Profit}{Cost Price}$ x $100$

Subtract the cost price from the selling price to get the profit (1250 - 1200 = 50) and then divide that by the cost price. Then multiply by 100 to get the percentage.

Profit % = $\frac{1250-1200}{1200}$ x $100$

Profit % = $\frac{50}{1200}$ x $100$

Profit % = 0.04166 x 100 = 4.2

Therefore, there is a 4.2 % profit.