A bucket is sold at a profit equal to one-fifth of its cost price. Find the profit percentage.
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Answers
Answered by
6
:-
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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Answered by
4
Answer:
let the cost price be x
then the profit is 1/5x
profit percent -profit *100/cp
or,1/5x*100/x
or,20x/x
here x cuts x
and profit % is 20
Step-by-step explanation:
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