the selling price of an article is 4/3 of its cost price find the profit percent
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4/3 × cost price = selling price
Profit = SP - CP
= 4/3×CP - CP
= CP (4/3 - 1)
= CP / 3
Profit % = (profit / CP) * 100
= (CP / 3 CP) * 100
= 100 / 3
~= 34 %.
Answered by
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Answer:
4/3 × cost price = selling price
Profit = SP - CP
= 4/3×CP - CP
= CP (4/3 - 1)
= CP / 3
Profit % = (profit / CP) * 100
= (CP / 3 CP) * 100
= 100 / 3
~= 34 %.
Step-by-step explanation:
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