If the cost price is 25% of selling price. Then what is the profit percent.
If the cost price is 25% of selling price. Then what is the profit percent.
Explanation
Let the S.P = 100
then C.P. = 25
Profit = 75
Profit% = 75/25 * 100 = 300%
Let the S.P = 100
then C.P. = 25
Profit = 75
Profit% = 75/25 * 100 = 300%