Question

If s.p of an article is 7/5 of its c.p,then the profit % in the transaction is

Answer 1

Answer:

40%

As if you convert it in a ratio and then simplify it

Profit = 2:5 = 40%

Answer 2

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%