Question

A man bought an article for Rs. 400 and sold it at a profit of 15%. Find the percentage increase
in his profit if the article was sold for Rs. 480.ए मैन बॉट एंड आर्टिकल फॉर रुपीस 400 एपिसोड 888 प्रॉफिट ऑफ 15 परसेंट फाइंड द परसेंटेज इंक्रीज इन द इन हिस प्रॉफिट इन द आर्टिकल 480​

Answer 1

Given:

• The man bought an article for Rs. 400 and sold at a profit of 15%.

To find:

• The percentage increase in profit if the article was sold for Rs. 480.

Solution:

Here the cost price of the article is Rs. 400.

Profit percentage is 15%.

When the article is sold for Rs. 480, the profit is

= Rs. (480 - 400)

= Rs. 80

Profit percentage is

= 80/400 * 100%

= 20%

So increase in profit percentage is

= (20 - 15)% = 5%

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