If s.p of an article is 7/5 of its c.p,then the profit % in the transaction is
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Answered by
0
Answer:
40%
As if you convert it in a ratio and then simplify it
Profit = 2:5 = 40%
Answered by
0
Answer:
ANSWER IS 40%
Step-by-step explanation:
let a be the selling price and b be the cost price
given that a=7b/5
we know that profit percentage= ((selling price - cost price)/cost price)*100
=>((a-b)/b)*100
=>substitute a=7b/5 in above step
=>(((7b/5)-b)/b)*100
=>(2b/5b)*100
=>(2/5)*100
=>40%
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