Question

MAn article is

bought and sold at a profit of one fourth of selling
price. Find the profit percent.

Answer 1

25% profit

Explanation:

Statement

An article is bought and sold at a profit of one fourth of selling price.

⇒ Buying price = x

⇒ Selling price = Buying price (1 + 1/4) = 5x/4

Profit %

• Selling price - Buying price / Buying price
• (5x/4 - x) / x
• (x/4) / x
• ⇒ 1/4
• ⇒ 0.25
• ⇒ 25% profit