an article is bought for $300 and solid for $360 find the profit percentage
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Answer:
20%
Step-by-step explanation:
Cost Price = $300
Selling Price = $360
Profit = Selling Price - Cost Price
= $(360 - 300)
= $60
Profit % = Profit / Cost Price × 100
= 60/300 × 100
= 1/5 × 100
= 100/5
= 20%
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