the ratio of buying price & selling price is 4:5 .what is the percentage of profit?
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Hey,
Buying Price : Selling Price = 4:5
Let Buying Price be 4x and Selling Price be 5x.
Since,
Selling Price < Buying Price (I.e. selling price is greater than buying price)
It's Profit.
As we know,
Profit = Selling Price - Buying Price = 5x - 4x = x
Now,
Profit Percentage = (Profit/Buying Price)×100
Hence,
Profit Percentage = 25 ℅
Buying Price : Selling Price = 4:5
Let Buying Price be 4x and Selling Price be 5x.
Since,
Selling Price < Buying Price (I.e. selling price is greater than buying price)
It's Profit.
As we know,
Profit = Selling Price - Buying Price = 5x - 4x = x
Now,
Profit Percentage = (Profit/Buying Price)×100
Hence,
Profit Percentage = 25 ℅
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