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

$Heya$‼

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 %

Answer 2

Concept: Cost Price: The amount paid to purchase an article or the price at which an article is made is known as its cost price.

Selling Price: The price at which an article is sold is known as its selling price.

Given: Cost Price= 40% of Selling price.

Find: Calculate the percent of the cost price is the selling price.

Solution:

Selling price is denoted by SP.

Cost price is denoted by CP.

Let SP= x

CP= 40% of x

   = 0.4x

Let SP is a% of CP

SP= a% of CP

 x = a/100 × 0.4x

a= x×100/0.4x

a=1000/4

a=250

Required %= 250%.

Final answer:  The percentage of the cost price is the selling price is 250%.

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