Math, asked by udaysha4525, 1 year ago

If the selling price of an article is 8/5 times its cost price , the profit price per cent on it is?

Answers

Answered by santy2

8

Let the cost price be x.

The selling price is :

8/5x

The profit = 8/5 x - x

= 8/5x - 5/5x = 3/5x

3/5x /x = 3/5

3/5 × 100 = 60%

Profit percentage = 50%

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