76. The ratio of cost price to selling price
is 5:7. The profit percent is:
1) 10
2)
20
3) 25
4) 40
Answers
Answered by
1
Answer:
(3) 25 is the cost price to selling price
Answered by
0
Answer:
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Step-by-step explanation:
Given that
The ratio of cost price and the selling price is 5:7.
Cost price = CP
Selling price = SP
Profit = P
Loss = L
We know that
SP = CP + P or L
Given that
CP/SP= 5/7
SP/CP = 7/5
Now by putting the values in above equation
This is positive quantity is means that it is profit (P).If it come out negative then it will be loss(L).
P = 0.4
P = 40 %
It means that profit is 40 %.
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