Question

If the cp is 95%of the sp what is the profit percent

Answer 1

Answer:

Step-by-step explanation:If the cost price be Rs x, Then

S.P = \frac{100}{95}x=Rs. \frac{20}{19}x

∴Gain = \frac{20x}{19}-x=Rs. \frac{x}{19}

∴ Gain percent =\frac{\frac{x}{19}}{x}\times 100=5.26%