selling price of an article is 4/3 times its cost price. find its profit %.
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Let the CP be ₹x.
Acc. to the ques.
SP = 4/3 of ₹x
= ₹4x/3
Profit = SP - CP
= ₹4x/3 - ₹x
= ₹x/3
Profit % = profit / CP * 100
= (₹x/3)/₹x * 100
= 100/3
= 33⅓
Ans. = The profit % is 33⅓ %.
Hope it helps!!!
Acc. to the ques.
SP = 4/3 of ₹x
= ₹4x/3
Profit = SP - CP
= ₹4x/3 - ₹x
= ₹x/3
Profit % = profit / CP * 100
= (₹x/3)/₹x * 100
= 100/3
= 33⅓
Ans. = The profit % is 33⅓ %.
Hope it helps!!!
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