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1. If the cost price is 95% of the selling price, what is the profit percent ?4% 4.75% 5% 5.26%

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Solution 1

1. Break Down the Problem

Let's denote the selling price (SP) as SP SP and the cost price (CP) as CP CP . According to the problem, the cost price is 95% of the selling price, which can be expressed mathematically as: CP=0.95×SP CP = 0.95 \times SP The profit can be calculated using the formula: Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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