if the cost price of an article is 25% of its selling price, then what is the profit in percentage
Answers
Answer:
300%
Step-by-step explanation:
Let the S.P = 100
then C.P. = 25
Profit = 75
Profit% = (75/25) * 100 = 300%
The profit percentage = 300%
Given :
The cost price of an article is 25% of its selling price
To find :
The profit percentage
Solution :
Step 1 of 2 :
Assume the cost price and selling price
Here it is given that cost price of an article is 25% of its selling price
Let selling price = Rs. 100
Then cost price = Rs. 25
Step 2 of 2 :
Calculate profit percentage
Profit amount
= Rs. 100 - Rs. 25
= Rs. 75
Hence the required profit percentage
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