if the cost price is 80% of the selling price what is the profit percentage
Answers
Answered by
2
Answer:
25%
Step-by-step explanation:
Let Selling price = $100
Hence cost price would be=$80
Profit=$20
Thus gain %= (profit/cost price)×100
=(20/80)×100
= 25%
Answered by
0
Answer:
20%
Step-by-step explanation:
Profit = selling price - cost price
Cost price =80% of selling price
Selling price100%
Hence the profit percentage is 100% - 80%=20%
Therefore the profit percentage is 20%
Similar questions