Question

HOTS
1.
The selling price of an article is4/3
of its cost price. Find the profit per cent.​

Answer 1

Answer:

Profit percent =

$\frac{1}{3} \times 100\% \\ = 33.33\%$

Answer 2

Answer:

As we know that , Formula for profit%

Pʀᴏғɪᴛ%. =( Pʀᴏғɪᴛ ×100)/C.P

Given condition is

$sp = \frac{4}{3} cp$

We know that

Profit = S.P - C.P

putting the above value of S.P in the formula.

Profit =

$\frac{4}{3} cp - cp$

$\frac{4cp - 3cp}{3} = \frac{cp}{3}$

$profit = \frac{cp}{3}$

Now putting the value of profit in the formula for profit%

$\frac{cp}{3 \times cp} \times 100$

$profit\% = \frac{100}{3}$

Profit% tage = 33.33%

#hope it helps