Question

The selling price of an article is $\frac{4}{3}$ off its price. Find the profit percent.

Answer 1

Let $x$ be the cost price of article.

Selling price $=\frac{4}{3}x$

Therefore,

Profit $=\frac{\frac{4x}{3}-x}{x}\times 100=\frac{1}{3}\times 100=33.33\%$