Question

a man sells an article at rs 600 and makes a profit of 1/5 of the selling price. calculate his profit percentage. Ans 25%​

Answer 1

Answer:

The profit percentage is 25%.

Step-by-step explanation:

Solution :

Selling price = Rs. 600

Profit = 1/5 of the selling price

Profit percentage = ??

Profit = 1/5 of the selling price

600 × 1/5 = 120

Profit = Rs. 120

Cost price = Selling Price - Profit

= 600 - 120

= 480

Profit pecentage -

P% = (SP - CP)/CP × 100

= (600 - 480)/480 × 100

= 120/480 × 100

= 1/4 × 100

= 25%

Hence, the profit percentage is 25%.