Question

An article bought for Rs 800 is sold at five-fourth of its cost price. FInd the profit percentage. (please explain the steps too)

Answer 1

Answer:

25%

Step-by-step explanation:

Answer 2

Answer : 25%

Solution :

Given that :

Cost Price of an article = 800 Rs.

According to the question :

Selling Price = Cost Price × 5/4

=> Selling Price = 800 × 5/4 = 1000 Rs.

Hence, Profit = Selling Price - Cost Price

=> Profit = 1000 - 800 = 200 Rs.

As we know that :

Profit % = ( Profit/Cost Price ) × 100

=> Profit % = ( 200 / 800 ) × 100 = 25

So, the profit% will be 25%

I hope it will be helpful for you ☺️

Fóllòw MË ❤️