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If the selling price of an article is 7/6 times its cost price, Then profit percentage is.
- A16.67%
- B13.27%
- C15.57%
- D38%
Answer not set
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CCommunity
Given,
⇒ SP = (7/6)CP
⇒ Profit = [(SP - CP)/CP] × 100
⇒ Profit = [((7/6)CP - CP)/CP] × 100
⇒ Profit = (1/6) × 100
⇒ Profit = 16.67%
⇒ SP = (7/6)CP
⇒ Profit = [(SP - CP)/CP] × 100
⇒ Profit = [((7/6)CP - CP)/CP] × 100
⇒ Profit = (1/6) × 100
⇒ Profit = 16.67%