Question

By selling an article for ₹250, a man gains 20% . Find his percentage profit, if he sold it for ₹275 .​

Answer 1

Answer:

CP = 250

G% = 20%

SO, SP = 100+P%/100*CP

            =100+20%/100*250

            =300

THE FIRST SP OF THE ARTICLE IS 300.

IF THE CP IS 250 AND THE SP IS 275 THEN,

HERE SP>CP,THEN PROFITTAKES PLACE

PROFIT = 275-250=25

PROFIT% = PROFIT/CP*100

                =25/250*100

                = 10%

THEREFORE THE ANSWER IS 10%.

Step-by-step explanation: