Numerical - Gross profit ratio for given Selling & Cost Price

Q.  If selling price is fixed 25% above the cost, the Gross Profit ratio is
- Published on 09 Sep 15

a. 13%
b. 28%
c. 26%
d. 20%

ANSWER: 20%

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    Discussion

  • saravan   -Posted on 30 Oct 20
    sales price fixed-25%
    actual sales=100%
    so,-Actual sales/sale price fixed x 125
    100/25*100
    =20

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