if the selling price of 5 fans is equal to the cost price of 4 fans then find its profit percentage
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Answer:
Step-by-step explanation:
We will take cost price of one fan as 1
Then the CP of 4 pens is 4
We have cost price of four fans = selling price of 5 fans
Therefore, 4 = SP of 5 pens
SP of one pen is 5÷4=1.25
Profit percentage=SP - CP ÷ CP × 100
1.25-1÷1×100=25
The profit percentage is 25%
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Step-by-step explanation:
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