Calculating Profit and Percentages

This video tutorial explains how to calculate the profit percentage when the cost price and selling price are given. It involves a two-step process: first, subtract the cost price from the selling price to find the profit, and second, divide the profit by the cost price and multiply by 100 to get the profit percentage. The video concludes with a call to action to like and subscribe.

What is the main topic discussed in the video?

• How to calculate cost price

• How to calculate loss percentage

• How to calculate selling price

• How to calculate profit percentage

How many steps are involved in calculating the profit percentage?

• Four

• One

• Two

• Three

What is the first step in calculating profit percentage?

• Divide profit by selling price

• Subtract cost price from selling price

• Multiply cost price by selling price

• Add cost price and selling price

If the cost price is 20 and the selling price is 35, what is the profit?

• 20

• 15

• 10

• 25

What is the profit if the cost price is 20 and the selling price is 35?

• 10

• 15

• 20

• 25

What is the first step in calculating profit?

• Multiply cost price by selling price

• Subtract cost price from selling price

• Add cost price and selling price

• Divide cost price by selling price

What is the second step in calculating profit percentage?

• Add profit to cost price

• Subtract profit from cost price

• Multiply profit by selling price

• Divide profit by cost price and multiply by 100

If the profit is 15 and the cost price is 20, what is the profit percentage?

• 70%

• 60%

• 75%

• 50%

What do you multiply by to convert a decimal to a percentage?

• 10

• 50

• 100

• 1000

What is the result of dividing 15 by 20?

• 1.5

• 2.0

• 0.5

• 0.75