1.

If the cost price and selling price of an article is in the ratio 6:8 what is the profit percentage

Answer» LET the cost PRICE = 6X
selling price = 8X
profit = 8x - 6x = 2x

profit percentage = \frac{profit}{cost\ price} \times 100= \frac{2x}{6x} \times 100=33.33

Profit is 33.33%.



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