Ramesh earns profit of Rs. 46 by selling an article for Rs. 236. What is the profit percentage?

Selling price (SP) = Rs. 236

Profit = Rs. 46

The formula for profit percentage is:

​$$\text{Profit \%} = \left(\frac{\text{Profit}}{\text{Cost Price}}\right) \times 100$$​​

Where,

Cost Price (CP) = Selling Price (SP) − Profit

The cost price (CP) = 236 – 46 = 190

​$$\text{Profit \%} = \left(\frac{46}{190}\right) \times 100 = \frac{4600}{190} = 24.21\%$$​​

Thus, The profit percentage is 24.21%.