11. The cost price of an article is $400 and selling price of the same article is $500. At what profit is the article sold? What is the profit percentage?
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Answer:
PROFIT = $100 = 500 - 400
PROFIT% = 25% = (100/400)×100
Answered by
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Answer:
profit = 100
profit percentage : 25 percent
Step-by-step explanation:
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