Question

Profit as a percentage of the selling price is 25%. Express it as apercentage of cost price.

Answer 1

But where is the price

Answer 2

Profit as a percentage of cost price is $33\dfrac{1}{3}\%$

Step-by-step explanation:

Since we have given that

Profit as a percentage of the selling price is 25%

Let the selling price be 100

So, Profit would be

25% of 100 = Rs. 25

So, Cost price would be

Selling price = cost price + Profit

100 = Cost price + 25

100 - 25 = Cost price

Cost price = Rs. 75

So, profit as a percentage of cost price would be

$\dfrac{25}{75}\times 100\\\\=\dfrac{100}{3}\\\\=33\dfrac{1}{3}\%$

Hence, profit as a percentage of cost price is $33\dfrac{1}{3}\%$

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Profit as a percentage of the selling price is 25%. Express it as a percentage of cost price.​

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