Question

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

Answer 1

Step-by-step explanation:

It is given that

C.P of an article =₹1,200

We know that

S.P =5/4 of C.P

Substituting the values

S.P=5/4×1200=₹1,500

Gain = S.P – C.P

Substituting the values

=1500–1200

=₹300

Gain percent =(gain×100)/C.P

Substituting the values

=(300×100)/1200

=25%