Question

if the selling price of an artical is 4/3rd of its cost price find the profit

Answer 1

Answer:

33.33% approx

Step-by-step explanation:

Let Cost Price be 3x

Selling price = 4/3 of Cost Price

                     =(4/3) × 3x

                     = 4x

Here Selling Price > Cost Price, it is a profit

Profit = Selling Price - Cost Price

        = 4x - 3x

        = x

Profit% = ( Profit × 100) / Cost Price

            = ( x × 100) / 3x

            = 33.33% Approx