Question

by selling an article for 1636.25,a dealer gained 96.25 find his profit percent

Answer 1

Selling price of the article = 1636.25

Cost price of article =

By formulae -- (Selling pice - Profit)

= 1636.25 - 96.25

= 1540

Profit% = Profit made × 100

Cost price

Profit% = 96.25 ×100

1540

= 9625

1540

So, the profit percentage is equals to 5.86%

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