Question

Arun sold his bicycle and earn profit of 1/5 of its CP. Find profit percent.

Answer 1

profit = 1/5 mean 5 of 100 = 20
arun have 20 % profit

Answer 2

Step-by-step explanation:

Let ₹ x be the cost price of the bicycle.

profit = 1/5 × x = x/5

profit% = profit / CP × 100

= (x/5 / x ) × 100

= 20%