The ratio of cost price and selling price is 4:5. The profit percent is:-
(A) 10% (C) 25% (B) 20% (D)30%
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Answer:
the profit percent would be 25%
Explanation:
Let C.P. = Rs. 4x. Then, S.P. = Rs. 5x
Gain = (5x – 4x) = Rs. x
Gain % = (x * 100)/ 4x = 25%
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