a man sells good at a 30% profit. if the cost of the goods double and the profit percenet becine half of its present valud
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Total cost including profit = 100%
Profit = 30%
Cost = 100%-30% = 70%
Value becomes half:
Profit = (30/2)% = 15%
Cost = (70/2)% = 35%
I have doubt on this. But still I gave this question a shot from my side. Do comment whether my answer was right or wrong.
Profit = 30%
Cost = 100%-30% = 70%
Value becomes half:
Profit = (30/2)% = 15%
Cost = (70/2)% = 35%
I have doubt on this. But still I gave this question a shot from my side. Do comment whether my answer was right or wrong.
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