Question

a man sold a product at 14 2/7 profit after allowed 25% of discount.
1. find ratio of cp to mp
2.CP is how many % less than SP

Answer 1

Answer:

14(2/7)% in ratio terms is 1/7. So if SP is 7 profit is 1, so if profit is 1 then CP should be 6, so Actual profit 1/6 or 16.67%.

( Just for simplification. 14(2/7)% is (14*7 + 2)/7 which is (100/7)% so ratio is 1/7.)

Step-by-step explanation:

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