if selling price of an article is 4/3 of its cost price. find its profit percent
Rajveer8055:
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Let the CP be Rs x
So the SP is Rs 4x/3
Therefore,
Profit = (SP - CP) = Rs ( 4x/3 - x) = Rs x/3
Profit percent = (profit/CP × 100 %) = ( x/3 × 1/x × 100) % = 100/3 % = 33.33% approx.
Here is your answer.
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