Question

If the selling price of a LED TV is equal to 5/4 of its cost price, then find the gain/ profit percentage

Answer 1

Answer:

20%

5/4C.P=s.p then 4 cp=5sp

then profit=5-4=1

then percentage=1/5×100%=20%

Answer 2

The profit% is 25%

Step-by-step explanation:

Let the cost price of TV be x

We are given that the selling price of a LED TV is equal to 5/4 of its cost price

SP of Tv = $\frac{5}{4}x$

Profit = SP - CP

Profit = $\frac{5}{4}x-x=\frac{5x-4x}{4}=\frac{x}{4}$

Profit%=$\frac{Profit}{CP} \times 100 = \frac{\frac{x}{4}}{x} \times 100=25\%$

Hence The profit% is 25%

#Learn more:

C.P = ₹1560, S.P = ₹1690

find the profit an profit%

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