Practicing Success
If the selling price of an article is $\frac{3}{4}$ times its cost price, the profit/loss percent is: |
25% profit 25% loss $33\frac{1}{3}$% profit $33\frac{1}{3}$% loss |
25% loss |
Selling price of an article = $\frac{3}{4}$ times its cost price \(\frac{SP}{CP}\) = \(\frac{3}{4}\) Loss = 4 - 3 = 1 Loss% = 1 × \(\frac{100}{4}\) = 25% |