Question

If the rate of gross profit is 25% on cost it will be equal to
a)20% on sales b) 20% on Cost
c)1/3 on sales d) 1/5 on cost​

Answer 1

Answer:

Let cost be 100

then griss profit on cost is 10025/100=25

sale = cost + Gross profit

= 100+25=125

so percenrage of gross profit on sale is 25/125×100=20%

Explanation:

Abswer is 20%on sale

Answer 2

Answer:

20%

Explanation:

Suppose the cost price of an article is 100 rupees

rate of gross profit on cost =25%

=25% of 100

=25/100 0f 100

$=\frac{25}{100} X100\\=25$

Gross profit = 25

Gross profit = Sales - Cost

25 = Sales - 100

Sales = 125

Gross profit in % of sales = (Gross profit /Sales)x100

$=\frac{25}{125} X100\\=\frac{1}{5} X100\\=\frac{100}{5} \\=20 %$

=20%

Rate of gross profit is 20% on sales