70% of the cost price of a article is equal to the 40% of its selling price. What is the profit or loss percentage?

70% of the cost price of a article is equal to the 40% of its selling

1.	70% of the cost price of a article is equal to the 40% of its selling price. What is the profit or loss percentage?
A.	63% loss
B.	70% loss
C.	75% profit
D.	80% profit
Answer» D. 80% profit

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70% of the cost price of a article is equal to the 40% of its selling price. What is the profit or loss percentage?

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