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

Question

asked Jul 8, 2023 216k views

1 Answer

Sihat Afnan · Answer 1 · 2023-07-12T17:57:25+0000

Answer:

25%

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

$\frac54 * 800 = \\\\(4000)/(4) = 1000\\\\$

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

$(1000)/(800) = \frac54 = 1.25 = 125percent$

The cost of the article is 100% or 1

1.25 - 1 = 0.25 - or- 25percent

25%

-Chetan K