an article is sold and bought at the profit of 20% of the selling price find the profit percent
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Let the cost price be x
Then, selling price would be 1.2x.
When C.P. is Rs. 20, less,
C.P. =x−20
S.P. =1.2x−20Now, 1.2x−20=1.3×(x−20)
⇒1.2x−20=1.3x−26
⇒1.3x−1.2x=−20+26
⇒0.1x=6
⇒x=60
therefore, the cost price of the article is Rs. 60.
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Answered by
0
Answer:
The answer will be 20 percent.
Step-by-step explanation:
20/100× 100 percent
= 20 percent answer.
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