3. An article is bought for$ 20 and sold for $25.Find profit percent
Answers
Answered by
2
Let's assume Cost Price (CP) of article = x Rs.
Given that when SP =25 Rs, then Profit Percentage =25%
⇒SP=CP+CP×
100
Profit Percentage
⇒25=x+x×
100
25
⇒25=x+
4
x
=
4
5x
∴x=20 Rs
Now, article is sold at 10% discount at marked price of 30 Rs.
∴SP=MP−MP×
100
Discount Percentage
=30−30×
100
10
=27 Rs
Profit=SP−CP=27−20=7 Rs
Profit Percentage=
CP
Profit×100
=
20
7×100
=35%
Answered by
0
Answer:
25%
Step-by-step explanation:
An article is bought at rupees 20(CP)
And he sold it at 25 rupees (SP)
SP>CP
Profit
SP-CP
25-20 = 5 rupees
profit precent = Profit×100/CP
5×100/20
= 25%
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