Question

if the cost price is 96% of the selling price then what is the profit percent??

Answer 1

Let
S.P be Rs 100.
C.P = Rs 96

Profit = Rs 100 - Rs. 96
= Rs. 4

Profit percent
= (profit / C.P × 100)
= 4 × 96/100
= 25/6
= 4 1/6% or 4.166%

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Answer 2

Answer:

Profit percentage is 4% .

Step-by-step explanation:

Let us assume that the selling price be x .

As given

if the cost price is 96% of the selling price .

96% is written in the decimal form

$=\frac{96}{100}$

= 0.96

Cost price = 0.96 × Selling price

                 = 0.96x

Profit = Selling price - Cost price

         = x - 0.96x

         = x (1-0.96)

Formula

$Profit\ percentage = \frac{Profit\times 100}{Cost\ price}$

$Profit\ percentage = \frac{(1-0.96)x\times 100}{x}$

$Profit\ percentage = \frac{(1-0.96)x\times 100}{x}$

$Profit\ percentage = \frac{0.04x\times 100}{x}$

$Profit\ percentage = \frac{4x\times 100}{x\times 100}$

Profit percentage = 4%

Therefore the profit percentage is 4% .