Respuesta :
Answer:
Step-by-step explanation:
250 is 125% of 200
So,
He gained 25% in profit
Based on the information given his gain as a percentage of the cost price is 25%.
Using this formula
Cost price percentage=Selling price-Cost price/Cost price
Where:
Selling price=$250
Cost price=$200
Let plug in the formula
Cost price percentage=$250-$200/$200
Cost price percentage=$50/200
Cost price percentage=0.25×100
Cost price percentage=25%
Inconclusion his gain as a percentage of the cost price is 25%.
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