What is The Profit %?

If the ratio of cost price and sale price is 5: 6, then what is the profit %?

  1. 25%
  2. 20%
  3. 100/3%
  4. 30%
Anurag Mishra Professor Asked on 7th September 2015 in Maths.
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  • 1 Answer(s)

    Answer: (2) 20%

    Explanation:-
    The ratio of the cost price and sale price = 5: 6
    Then, Let the cost price be 5X and sale price is 6X.

    Profit = 6X – 5X
    = X
    Then, Profit% = X x 100/5X
    = 20%

    Hence, the answer is (2) 20%.

    Anurag Mishra Professor Answered on 9th September 2015.
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