Question

if ratio of the cost price and selling price of an article is 4:5,the gain percent is​

Answer 1

Answer:

cost price = 4x  

selling price = 5x  

profit % = (sp - cp)/ cp × 100  

= (5x - 4x) / 4x × 100  

= (x ×100) / 4x  

= 25

Hence profit% is 25%