Answer the following questions:
(6 marks)
a) A painting is purchased for 2.000 and sold for 2.400.
what price should the
painting be sold to double the profit percentage?
Answers
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Answer:
CP=2000
SP=2400
profit=2400-2000=400
percentage=400/2000*1000%
percentage=20%
double the percentage=40%
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