Question

please any one solve my problem.....

If SP of an article is 4/3 of its CP. Find the profit or loss percent.​

Answer 1

we know Sp,>Cp hence it's a profit

HENCE Let Cp be y hence SP = 4/3y

now profit = SP - Cp = y/3

now profile per cent = y/3/y x100 = 33 per cent