Question

if selling price of 10 kg sugar is same as cost price of 11 kg of sugar.find the gain percent. ​

Answer 1

Answer:

Selling Price = Cost Price + Profit (SP = CP + P)

Profit on sale of 45 kg sugar = Selling Price of 5 kg sugar : 45P=5(C+P)

45P=5C+5P

45P−5P=5C

40P=5C

P/C=(5∗100)/40

P/C=500/40

12.5 %

So, profit margin on Cost Price is 12.5%

Answered By afia