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10]f the ratio of the cost price and the selling price of an
article be 4:5, then the percentage of profit is:
Selle
En.
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Explanation:
Let the value of cost price and selling price be 4x and 5x respectively.
Now, the formula to find the profit is
→ Selling price - Cost price
→ Profit = S.P - C.P
→ Profit = 5x - 4x
→ Profit = X
Now, formula to find the profit percentage is
→ [(Profit/C.P) × 100] %
Given:-
• Profit → x
• Cost Price → 4x
→ [(x/4x) × 100] %
→ (1/4 × 100) %
After calculating (1/4 × 100) %, we will get 25% as our answer.
Therefore, the Profit Percentage is 25%
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