Input the profit and cost values to quickly compute profit percentage.
Profit Percentage is the ratio of profit to cost, expressed as a percentage. It shows the profit earned per unit of cost. A higher profit percentage indicates greater profitability for a business.
The formula to calculate profit percentage is: \( \text{Profit Percentage} = \frac{\text{Profit}}{\text{Cost}} \times 100\% \)
Solution:
\( \text{Profit Percentage} = \frac{200}{1000} \times 100\% = 20\% \)
Result: The profit percentage is 20%.
Solution:
\( \text{Profit Percentage} = \frac{500}{2000} \times 100\% = 25\% \)
Result: The profit percentage is 25%.