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the cost price of an article is rs 1200 and the selling price is 5/4 times of its cost price find profit or loss as percent |
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Answer» Step-by-step explanation: It is GIVEN that C.P of an ARTICLE =₹1,200 We know that S.P =5/4 of C.P Substituting the values S.P=5/4×1200=₹1,500 Gain = S.P – C.P Substituting the values =1500–1200 =₹300 Gain percent =(gain×100)/C.P Substituting the values =(300×100)/1200 =25% |
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