Question

The cost price of an article is 25% less than its selling price. Determine the profit percent.

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Answer 1

Answer:

Step-by-step explanation:Let the S.P = 100

then C.P. = 25

Profit = 75

Profit% = 75/25 * 100 = 300

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Answer 2

Let the selling price be a

Cost price = a - 25% of a

= a - a/4

= 3a/4

Gain = Selling price - Cost Price

= a - 3a/4

= a/4

Now,

GAIN PERCENT= GAIN × 100 / COST PRICE

= [ ( a/4) × 100 ]/ ( 3a/4)

= 100a/3a

= 33.3 %