Question

profit on cost is 33 1/3% then profit on sales is​

Answer 1

Answer:

25 %

Explanation:

profit on cost is 33 1/3 %

let cost = 100

then sales = cost + profit = 100 + 33 1/3 %

= 133 1/3 %

profit on sales = 33.33 / 133.33 × 100 = 25 %