an article purchased for rs 120 is sold for rs 150 the profit percent is
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Answer:
CP=120
Sp=150
profit percentage=150-120
=30/120*10
=25 percent
Step-by-step explanation:
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Question :-
An article is purchased for Rs 120 and is sold for Rs 150. The profit % is _____
Cost Price of an Article = Rs 120
Selling Price of an Article = Rs 150
Given that,
Cost Price of an Article = Rs 120
Selling Price of an Article = Rs 150
We know,
So, on substituting the values, we get
Now, We know
So, on substituting the values, we get
Hence,
An article is purchased for Rs 120 and is sold for Rs 150. The profit % is 25 %
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