Question

S.P of refrigerator is equal to 4/3 of its C.P.FIND gain percent

Answer 1

profit℅=(1/3) /1×100=100/3=33(1/3)

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Answer 2

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Here is your answer
Let the CP is x

SP = 4x/3

Profit = SP - CP
$= \frac{4x}{3} - x \\ = \frac{4x - 3x}{3} \\ = \frac{x}{3}$


As we know the formula

Profit % = Profit × 100/CP
$= \frac{ \frac{x}{3} }{x} \times 100 \\ = \frac{x}{3 \times x} \times 100 \\ = \frac{100}{3} \\ = 33.33\%$

So Profit % = 33.33%

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