Question

A trader increases the SP of his article in the ratio 8: 5. What is his profit
per cent?
i. 50%
40%
iii. 60%
iv. 100%​

Answer 1

Answer:

it's answer is... 50%.....

Answer 2

Step-by-step explanation:

Let CP =x=x, so S.P =1.2x

When CP is Rs. 100 less,

CP=x−100

SP=1.2x−100

Now,

1.2x−100=1.24×(x−100)

On solving , we get

x=600

CP=Rs.600