if selling price and cost price's ratio 5:4, what is profit percentage
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Answer:
25%
Step-by-step explanation:
Ratio of sp to cp =5:4
Sp=5x
Cp=4x
Profit =Sp-cp
Profit =5x-4x=x
Profit percentage =( profit /Cp) *100
Profit percentage =x/4x *100
=100/4=25%
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