Question

If the ratio of cost price and selling price is 4:3, find the profit or loss percentage.​

Answer 1

Given :

• CP : SP = 4 : 3

To find :

• Gain or Loss percentage

According to the question :

Let the Cost price ( CP ) be = Rs. 4 { given }

⟹ CP : SP = 4 : 3

⟹ CP / SP = 4 / 3

Finding Selling price ( SP ) :

⟹ SP = ( CP / SP ) × CP

⟹ 3 / 4 × 4

⟹ Rs. 3

Gain or Loss :

⟹ SP = Rs. 3 and CP = Rs. 4

∴ It's Loss

Finding Loss :

⟹ Loss = CP - SP

⟹ Rs. 4 - 3

⟹ Rs. 1

Finding Loss percentage :

⟹ Loss % = Loss / CP × 100

⟹ 1 / 4 × 100

⟹ 25 %

So, It's Done !!

Answer 2

Answer:

25 %

• Step by step explanation:-

• The ratio of c.p & s.p is 4:3.

• Loss or gain is the difference in the s.p & the c.p.

• wehave c.p/s.p ratio as 4/3 but we need s.p/c.p ratio for our loss or gain calculation.

• Reverse of the given ratio gives us s.p/c.p=3/4.

• The difference in c.p & s.p is 1/4 which is equal to 25% loss .

• Final Answer we get :-

So the answer is 25%.

• So It's easily Done!..