Question

A toy which was bought for RS

A kettle is sold at a profit equal to one-fourth of its cost price. Find the profit percentage
Crice Find the profit %



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Answer 1

`Profit\% = 25\%`

Explanation:

Given

Let the cost price be x

The profit be y

Required

Determine the profit percentage:

According to the question; profit = 1/4 of cost price.

So:

`y =(1)/(4)x`

The percentage profit is then calculated as:

`Profit\% = (Profit)/(Cost\ Price) * 100\%`

This gives:

`Profit\% = (Profit)/(Cost\ Price) * 100\%`

Substitute values for profit and cost price

`Profit\% = ((1)/(4)x)/(x) * 100\%`

`Profit\% = (1)/(4) * 100\%`

`Profit\% = (1 * 100\%)/(4)`

`Profit\% = 25\%`