A Painting is Perchased for 2ooo and sold & 2400. At what Price should the painting be sold to double the Profit Percentage ?
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Answer:
- firstly find profit in rs.
profit = (sale price - cost price )
profit = 2400-2000
profit = 400
secondly find profit in %
profit (%) =. (profit÷cost price)× 100
profit (%) = (400 ÷2000)×100
profit (%) = 20%
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