Question

if the cost price and selling price of an article is in the ratio 6:8 result what is the profit percentage

Answer 1

Let cost price be 6x and selling price be 8x So, profit% = sp-cp/cp * 100 P% = 8x-6x/6x*100 P%=2x/6x*100 P%=100/3 P%=33.34%

Answer 2

Add the ratio,then you find the difference of the selling ratio and the buying ratio then you find the percentage of the difference of the ratio which is 14 and 2/7%