Question

Arab bought an article and sold it at a.price 4/5 times its cost price. find his profit percent or loss percent​

Answer 1

Answer:

Given, C.P.=54S.P.

Therefore, S.P.=45C.P.

Since, SP>CP, there is a gain

Gain =S.P.−C.P.=45C.P.−C.P.=41C.P.

Gain % =C.P.Gain×100=41×100=25 %