Question

A Man Gains 20% By Selling An Article For A Certain Price. If He Sells It At Double The Price, The Percentage Of Profit Will Be

Answer 1

Answer:

140% PROFIT

Step-by-step explanation:

LET COST PRICE=100RS

AND 20% PROFIT =120RS

IF WE DOUBLE IT 240 RS

AND IT'LL BE A GAIN OF 140%

Answer 2

The percentage of profit will be 140%.

Step-by-step explanation:

Let the cost price of an article = Rs. 100

Profit % = 20%

so, Selling price would be

$\dfrac{100+20}{100}\times 100\\\\=Rs.\ 120$

If the selling price is the double the price, then the selling price would be

$120\times 2=Rs.\ 240$

So, Profit =Rs. 240-100 = Rs. 140

So, the profit % would be

$\dfrac{140}[100}\times 100\\\\=140\%$

Hence, the percentage of profit will be 140%.

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A Man Gains 20% By Selling An Article For A Certain Price. If He Sells It At Double The Price, The Percentage Of Profit Will Be

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