A bucket is sold at a profit equal to one-fifth of its cost price. Find the profit percentage.
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1/5*100=20%
.........,...
Answered by
4
Answer:
1/5 x CP = 1/6 x SP
=> 6CP = 5SP
=> SP/CP = 6/5
=> Profit % = (6 - 5)/5 x 100 = 20%
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