Question

if selling price of an article is 8/5 Times of its cost price, the profit persetage on it is.

Answer 1

let cost price be x

selling price =8/5x

profit = s.p.-c.p.

profit=3/5x

gain(%)= gain×100/c.p.

gain(%)= {(3/5x)/x}×100

=(3/5)×100%

=60%...ans.

Answer 2

Answer:

Let the cost price be x

Selling price of the article = 8/5x

Explanation: profit = SP -- CP

= 8/5x -- x

(LCM= 5) = 8x -- 5x/5

= 3x/5

Profit % = Profit/CP × 100

= 3x/5/x × 100

= 3x/5 × 100/x

= 60%