document.write( "Question 198358: If profit of 40% on selling price is equivalent to what percent profit on cost price. \n" ); document.write( "
Algebra.Com's Answer #148904 by RAY100(1637)![]() ![]() ![]() You can put this solution on YOUR website! Let sp = c + p,,, selling price = cost + profit \n" ); document.write( ". \n" ); document.write( "given,,,p/sp = 40 % =.40 \n" ); document.write( ". \n" ); document.write( "subst, p = sp -c \n" ); document.write( ". \n" ); document.write( "(sp-c) / sp = .4 \n" ); document.write( ". \n" ); document.write( "sp - c = .4 sp \n" ); document.write( ". \n" ); document.write( ".6 sp = c \n" ); document.write( ". \n" ); document.write( "c /sp = .6 = 60 % \n" ); document.write( ". \n" ); document.write( "check, c/sp + p/sp =1, or c + p =sp ,,,,,ok \n" ); document.write( " |