Question

The selling price of an article is 4/3 of its cost price. Find the profit %.

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Answer 1

Answer:

Profit = 4/3 - 1= 1/3. So % profit = (1/3) *100 = 33.33%.

Step-by-step explanation:

Let CP = 1

SP = 4/3

Profit = 4/3 - 1= 1/3.

So % profit = (1/3) *100 = 33.33%.

Answer 2

Answer:

Let CP = 1

SP = 4/3

Profit = 4/3 - 1= 1/3.

So % profit = (1/3) *100 = 33.33%.

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