Cost Price =4x ⇒ Selling price =5x ⇒ Profit %=SP CPCP× 100 #160; #160; #160; #160; #160; #160; #160; #160; #160; ...

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Question

What will be the % of profit of an article when the ratio of its cost price and selling price is 4:5?

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Solution

Cost Price $= 4 x$
$\Rightarrow$ Selling price $= 5 x$
$\Rightarrow$ Profit $% = \frac{S P - C P}{C P} \times 100$
$= \frac{(5 x - 4 x)}{4 x} \times 100$
$= x \times \frac{100}{4 x}$
$= 25.$
Hence, profit $% 25.$

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