Question

An article is bought and sold with a profit of 25% of selling price. find the profit percent.


step by step please​

Answer 1

first add hundred + 25 then hundred of 125 then what will be the value I think this is the answer

Answer 2

Answer:

Let SP = x

Since the question says that Profit is 25% of the selling price, we have:

Profit = 25% SP = 0.25x

Now, we already know that:

Profit = SP - Cost

This part is the catch. To find out how much Item X originally cost,

Cost = SP - Profit = x - 0.25x = 0.75x

Now that we know the original cost of Item X, we can easily calculate the Real profit % using this formula:

= (Profit/Cost)*100

= (0.25x/0.75x)*100

= 33%