4. The cost price of 20 items is equal to selling price
of 15 items. Then the profit percentage in the
business is:
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Step-by-step explanation:
i hope this helps
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Answered by
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Answer:
33.33%
Step-by-step explanation:
let the CP of 1 item be ₹1
CP of 15 items = ₹15
SP of 15 = CP of 20 items
therefore SP of 15 items is ₹20
Since , SP > CP so here it's a profit
Profit = SP - CP
₹20 - ₹15 = ₹5
Profit percentage = Profit / CP * 100
= 5/15 * 100 = 33.33 %
So here there is a profit of 15%
Hope it helps
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