If the cost price is 95% of the selling price, what is the profit per cent?

Question

Accepted Answer

Let SP = SP = ₹ 100
∴ CP = ₹ 95
Profit = 100 - 95 = ₹ 5
Profit % = (Profit/CP) x 100%
= (5/95) x 100% = 5.26%

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