Question

The selling price of a table is 27/25 times its cost price. find the loss or the profit as percent.

with explanation please ☺​

Answer 1

Answer:

Let C.P of table be x

Given S.P of table is

25

27

times of its C.P

∴ S.P=

25

27

×C.P

=

25

27x

Profit=S.P - C.P

=

25

27x

−x=

25

27x−25x

=

25

2x

Profit %=Profit×100/C.P

=

x

25

2x

×100

=8%

∴ Profit =8%

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