find profit and loss percentage when profit is 5% of selling price
Answers
Answered by
1
Answer:5.26% profit
Step-by-step explanation:
As, there is profit there is no loss percentage.
Profit%=100*5/95
=100/19
=5.26%
Answered by
1
Answer:
5.26%
Step-by-step explanation:
let the selling price be x
then, profit = 5x/100
now, cost price=95x/100
then, profit%=5x/100×100/95x×100=100/19=5.26%
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