Question

Cost price = 40

Selling Price = 52

Calculate the percentage profit or loss.

Please include explanation!​

Answer 1

c=40

s=52

s<c

40 -52

8(eight)

Answer 2

30%

Explanation:

Percentage change is the new-original/orginal x 100

plug in your values:

(52-40 / 40) x 100 = 30%

As its a positive percentage it means that its profit