Question

If the cost price is 80% of the selling price, what is the profit per cent?​

Answer 1

Step-by-step explanation:

let s.p= X

c.p= 80% of s.p

= 80/100 *X

= 4/5 X

profit= (s.p-c.p)/c.p *100

=(x- 4x/5)/4x/5 *100

=(X/5)/(4x/5) *100

= 1/4 *100

=25%