Question 66

Selling price of an article is $$\frac{8}{7}$$ of cost price. What is the profit percentage?

Profit = $$\frac{8}{7} CP - CP= \frac{1}{7} CP$$

Profit Percentage = $$\frac{\frac{1}{7} CP}{CP} \times 100 =\frac{100}{7}$$

So , the answer would be option d)$$\frac{100}{7}$$

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