Question

If percentage of profit on cost is 40%. Then the
ratio of profit, on sales is.​

Answer 1

Answer:

We know that,

Cost price + profit = sales price.

80% +20% =100%.

We have to assume sales as 100% as profit is calculated on sales.

Since profit is 20% on sale, therefore cost will be 80% on sale.

For eg:- if given sales is rs 50 :- assume 100%

Thus, profit being 20% (given) will be

20% on 50= rs 10

And cost which will be 80%

Ie:- 80% on 50 =rs 40.

Step-by-step explanation:

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Answer 2

Answer:

• 1 : 26

Step-by-step explanation:

Profit % = 40 %

Let CP = x

Then , Profit = 40/100 × x = (1/25)x

SP = CP + Profit = x + (1/25)x = (25/25)x + (1/25)x

= (26/25)x

Therefore, Ratio of Profit to SP

→ (1/25)x : (26/25)x

→ {(x/25)/ (26x/25)}

→ {(x/25) × (25/26x)}

→ 1/26

→ 1 : 26

Therefore , the ratio of Profit to SP is 1 : 26.