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Lelu [443]
3 years ago
11

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%​

Mathematics
1 answer:
Furkat [3]3 years ago
7 0

Answer:

The profit percentage is 25%.

Step-by-step explanation:

<u>Solution</u> :

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

<u>Cost price</u> = Selling Price - Profit

= 600 - 120

= 480

<u>Profit pecentage</u> -

P% = (SP - CP)/CP × 100

= (600 - 480)/480 × 100

= 120/480 × 100

= 1/4 × 100

= 25%

Hence, the profit percentage is 25%.

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