Question

the cost price of an article is Rs 1200 and selling price is 5/4 times of his cost price find profit or loss as percent​

Answer 1

Answer:

profit =25%

Step-by-step explanation:

cost price =1200

Selling price= 5/4 ×1200= 1500

SP> CP

Therefore Profit

profit = sp-cp

= 1500-1200

= 300

profit % = (300/1200) ×100

=25%

Answer 2

Step-by-step explanation:

CP=Rs.1200

SP= 5/4*1200

   = 1500

Since SP is larger than CP, there is profit

SP - CP = Profit

1500 - 1200 = Rs.300

Profit% = Profit/CP*100

            = 300/1200*100

            = 25% is the final answer

Hope it helped!!