if the cost price of 5 pans is equal to the selling price of 4 pens of the same kind find the profit percentages.
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- Cost of 5 pans is equal to the selling price of 4 pens of the same kind.
- The profit percentage
So,
As we know that, for finding profit percentage we use the formula,
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Extra Knowledge :-
- If S.P > C.P then there is profit.
- If C.P > S.P. then there is loss.
- Profit percent or loss percent is always calculated on c.p.
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