The ratio of cost price and selling price is 4:5. The profit percent is
A)10%
B)20%
C)25%
D)30%

Name: The ratio of cost price and selling price is 4:5. The profit percent is A)10% B)20% C)25% D)30%
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The profit is calculated as (Selling Price - Cost Price)/Cost Price * 100. Here, the ratio of Cost Price to Selling Price is 4:5, meaning for every 4 units of cost, the selling price is 5 units. The profit is 1 unit on a cost of 4 units, which is (1/4)*100 = 25%.

The Ratio of Cost Price and Selling Price Is 4:5