If cost price is ₹ 4000 and selling price is ₹ 5000, then the profit percentage is .
If cost price is ₹ 4000 and selling price is ₹ 5000, then the profit percentage is .
Explanation
Given that,
C.P = ₹ 4000
S.P = ₹ 5000
As, S.P > C.P,
Profit = S.P - C.P
= ₹(5000 - 4000)
= ₹ 1000
∴ProfitC.P=Profit Percent100
10004000=Profit Percent100=25%
Hence, the profit percentage is 25%.