Question

by selling an article for 120 a man gains 25% find his profit % if he sells it for 144​

Answer 1

Answer :

50%

Explanation :

S. P.(selling price) of the article is ₹120

By which there's a gain of 25%

Find the profit% if it's sold in ₹144.

Let's calculate the C. P.(Cost price) first

C. P. formula :-

$\to \rm \dfrac{100}{100 + gain\%} \times S. P.$

$\to \rm \dfrac{100}{100 + 25} \times 120$

$\to \rm \dfrac{100}{125}\times 120$

$\to \rm 96$

C. P. of the article is ₹96

Now, it is to be sold in 144

So, the profit will be

= 144 - 96

= 48

Calculating profit% :-

$\rm \therefore \:profit\% = \dfrac{profit \times 100}{cp} \\ = \dfrac{48 \times 100}{96} \\ = 50$

Required answer : 50%