Question

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

Answer 1

Answer:

Let CP = 1

SP = 4/3

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

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

Answer 2

Answer:

If the selling price of an article is 4/3 of its cost price, then the profit percent is 33.33%. ​

Step-by-step explanation:

If cost price CP = x

As per the given condition

The selling price of an article is 4/3 of its cost price.

So,  selling price (SP) = 4x/3

If SP is greater than CP, then profit or gain is done.

So, Gain = SP = CP

$=\frac{4x}{3} - x\\= \frac{4x- 3x}{3}\\= \frac{x}{3}$

Profit percentage =gain/cp ×100  

$=\frac{x/3}{x} \times 100\\=\frac{1}{3} \times 100\\= \frac{100}{3} \\=33.33 percent$

So, the profit percent​ is 33.33%.