Question

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

Answer 1

Answer:

Let S.P. = 100

Then C.P is 40% of 100 = 40

Required percentage = S.P.×100C.P.=(100×100)/40=250

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Answer 2

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 %