Question 125
By selling an article, a man makes a profit of 25% of its selling price. His profit per cent is
Solution
Given Profit on selling price is 25%
Suppose selling price is y
hence profit will be $$\frac{y}{4}$$ and cost price will be $$\frac{3y}{4}$$
Now profit percentage on cost price will be $$\frac{\frac{y}{4}}{\frac{3y}{4}}\times100$$
i.e. $$\frac{100}{3}$$ = 33.33
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