Question

A company sells 180 product for a price, which was equal yo purchase price of 200 product. what percentage of profit did the company Made?

Answer 1

let the purchase price of 200 product is X
selling price if 180 product will be X
purchase price of 1 product= X/200
180 product =X/200×180
=9X/10
selling price of 1 product= X/180
profit in 1 product is X/180-X/200=X/90
in 180 product X/90×180= 2X
℅ of profit in 180 product
= 2X/9X/10×100
=22.22℅