The selling price of an article is 4/3 of its cost price. Find the profit percent.
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Answer:
33.33 %
Step-by-step explanation:
Let the CP be ₹ x
then SP = 4/3 of x = 4x/3
Profit = SP - CP
= 4x/3 - x
= (4x - 3x)/3
= x/3
Profit % = x/3/x × 100
= x/(3x) × 100
= 1/3 × 100
= 33.33
Hence , the profit percent is 33.33 % .
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