A person buy a shirt in 470 and sold in 540 find the approximate profit percentage?
A person buy a shirt in 470 and sold in 540 find the approximate profit percentage?
Explanation
Profit = Selling Price - Cost Price
= 540 - 470
= 70
Profit Percentage = (Profit ÷ Cost Price) × 100
= (70 ÷ 470) × 100
= 15 (14.89%)