Question

10. The selling price of an article is 1,200 and cost price is 5\4 times of its selling price
(i) cost price of the article,
(ii)profit or loss as precentage​

Answer 1

Answer:

Hi

Step-by-step explanation:

Cost price (C.P.)= $ 1200

∴   S.P. = 5/4 of C.P.

= 5/4 × 1200

= $ 1500

∴   Gain = S.P. – C.P.

= $ 1500 – $1200

= $ 300

∴  Gain % = (gain × 100)/C.P.

= (300 × 100)/1200

= 25%

Answer 2

It is given that

C.P of an article =₹1,200

We know that

S.P =5/4 of C.P

Substituting the values

S.P=5/4×1200=₹1,500

Gain = S.P – C.P

Substituting the values

=1500–1200

=₹300

Gain percent =(gain×100)/C.P

Substituting the values

=(300×100)/1200

=25%