The selling price of an article is 4/3 of its cost price find the profit percentage
Answers
Answered by
1
Profit = 4/3 - 1= 1/3.
So % profit = (1/3) *100
= 33.33%.
Answered by
2
Step-by-step explanation:
cp= x
sp= 4x/3
profit= sp-cp
= 4x/3-x
= 3x
profit% = profit×100/cp
= x/3 × 100/x
= 100/3
= 33.33%
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