Question

An article bought for rs. 800 is sold for 5/4 of the cost price.Find the profit percentage.​

Answer 1

Answer:

25%

Step-by-step explanation:

Step 1: Find the sale price

First, we have to find the price it was sold for.

$\longmapsto$ 5/4 of 800 = 5/4 * 800

$\frac54 * 800 = \\\\\frac{4000}{4} = 1000$

The article was sold for rs. 1000

Step 2: Finding the percentage

To find the percentage, we have to divide the sale price over the cost of the article

$\frac{1000}{800} = \frac54 = 1.25 = 125percent$

The cost of the article is 100% or 1

$1.25 - 1 = 0.25 - or- 25percent$

25%

-Chetan K