Question

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

Answer 1

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• So, the cost price is =96% of s=96100×s=0.96s. So, the profit made by selling the material is =(s−0.96s)=0.04s.

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Answer 2

Let us consider the selling price of the material is s. So, the cost price of the material is 96% of the selling price. So, the cost price is =96% of s=96/100×s=0.96s. So, the profit made by selling the material is =(s−0.96s)=0.04s.