Question

The selling price of an article is 5/4 of the cost
price, The gain percent is:
​

Answer 1

Answer:

Given, C.P.=54S.P.

Therefore, S.P.=45C.P.

Since, SP>CP, there is a gain

Gain =S.P.−C.P.=45C.P.−C.P.=41C.P.

Gain % =C.P.Gain×100=41×100=25 %