Profit and Loss Practice Test 8

Question : 35 of 40

Marks: +1, -0

The ratio of the cost price and selling price is 4 : 5. The profit percent is:

Solution:

Let C.P. and S.P. be Rs. 4x and Rs. 5x respectively; then profit%

= {5x- 4x}/ {4x} ×100

= 25%

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