A dealer made a profit of 22.5% by selling a car for 588 cedis. Find the percentage profit he would have realized if he sold it for 612 cedis
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Answer:
27.5%
Step-by-step explanation:
Lets find the CP
X × 122.5/100 = 588
X = 588 × 100/122.5
X = 480₹
CP = 480₹
If he sold it at 612₹
Profit = 612-480
Profit = 132₹
P% = P₹/CP × 100
P% = 132/480 × 100
P% = 27.5%
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