If the selling price of an article is 7/5th of the cost price, the profit percentage is
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If the SP (Selling Price) of an article is 7/5 then the CP (Cost Price) is 5/5.
Since SP is greater than the CP, there is a profit.
Profit = SP - CP
7/5 - 5/5
2/5
Now, to convert into percentage,
2/5 × 100 = 40%
Answer = 40%
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I hope this helps!
If the SP (Selling Price) of an article is 7/5 then the CP (Cost Price) is 5/5.
Since SP is greater than the CP, there is a profit.
Profit = SP - CP
7/5 - 5/5
2/5
Now, to convert into percentage,
2/5 × 100 = 40%
Answer = 40%
-
I hope this helps!
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