Question

the ratio of cp and sp of an article is 8:9 the profit percent is​

Answer 1

Let CP=8

SP= 9

profit = 9-8=1

profit%=1/100×8

= 12.5 %

Answer 2

GiveN :

• Cost Price (CP) and Selling Price (SP) are in ratio of 8:9

To FinD :

• Profit Percentage

SolutioN :

let,

⇒ Cost Price (CP) = 8x

⇒ Selling Price (SP) = 9x

➠ Profit = Selling Price - Cost Price

⇒Profit = 9x - 8x = 1x

•°• Profit is 1x

_______________________

Now, we have to calculate profit percentage :

➠ Profit Percentage = Profit/CP × 100

⇒ Profit % = 1x/8x × 100

⇒ Profit % = 100/8

⇒ Profit % = 12.5

•°• Profit Percentage is 12.5%