cost price = \50</p><p>Sellingprice=15∗8=$120</p><p>percentageprofit=50</p> < p>Selling price = 15 * 8 = \$120</p> < p>percentage profit =50</p><p>Sellingprice=15∗8=$120</p><p>percentageprofit=\;\frac{sp-cp}{cp}∗100→* 100 →∗100→\;\frac{120-50}{50}$ * 100
percentage profit = 70 * 2 → 140%
