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If the ratio of the cost price and selling price of an article is 4 : 5, then what will be the profit percentage?
- a)25
- b)35
- c)40
- d)50
Correct answer is option 'A'. Can you explain this answer?
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Verified Answer
If the ratio of the cost price and selling price of an article is 4 : ...
GIVEN:
Ratio of CP and SP = 4 : 5
Ratio of CP and SP = 4 : 5
FORMULA USED:
Profit percentage = [(Selling Price - Cost Price)/Cost Price] × 100
Profit percentage = [(Selling Price - Cost Price)/Cost Price] × 100
CALCULATION:
Cost price = Rs. 4x
Selling Price = Rs. 5x
∴ Profit percentage = [(Selling Price - Cost Price)/Cost Price] × 100
= [(5x - 4x)/4x] × 100 = (100/4)% = 25%
Cost price = Rs. 4x
Selling Price = Rs. 5x
∴ Profit percentage = [(Selling Price - Cost Price)/Cost Price] × 100
= [(5x - 4x)/4x] × 100 = (100/4)% = 25%
Most Upvoted Answer
If the ratio of the cost price and selling price of an article is 4 : ...
Calculation of Profit Percentage:
Profit percentage is calculated using the formula:
\[ \text{Profit percentage} = \left( \frac{\text{Selling price} - \text{Cost price}}{\text{Cost price}} \right) \times 100 \]
Given information:
- Ratio of cost price to selling price = 4 : 5
Let's assume:
- Cost price = 4x
- Selling price = 5x (as per the given ratio)
Calculation of Profit:
Profit = Selling price - Cost price
Profit = 5x - 4x
Profit = x
Calculation of Profit Percentage:
Profit percentage = (x / 4x) * 100
Profit percentage = 25%
Therefore, the profit percentage in this case is 25%. Hence, the correct answer is option 'A'.
Profit percentage is calculated using the formula:
\[ \text{Profit percentage} = \left( \frac{\text{Selling price} - \text{Cost price}}{\text{Cost price}} \right) \times 100 \]
Given information:
- Ratio of cost price to selling price = 4 : 5
Let's assume:
- Cost price = 4x
- Selling price = 5x (as per the given ratio)
Calculation of Profit:
Profit = Selling price - Cost price
Profit = 5x - 4x
Profit = x
Calculation of Profit Percentage:
Profit percentage = (x / 4x) * 100
Profit percentage = 25%
Therefore, the profit percentage in this case is 25%. Hence, the correct answer is option 'A'.
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If the ratio of the cost price and selling price of an article is 4 : 5, then what will be the profit percentage?a)25b)35c)40d)50Correct answer is option 'A'. Can you explain this answer?
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