Question

The cost price of an article is 40% of the selling
price. What percent of the cost price is the selling
price?​

Answer 1

Step-by-step explanation:

Cost price of an article = 40% of the selling price

So, selling price S.P. = Rs. 100

and Cost price C.P. = Rs. 40

Now , Gain or Profit = S.P. – C.P.

= 100 – 40

= Rs. 60

Gain or Profit percent = 60 / 40 × 100

= 600 / 4

= 150 %