Question

by selling an article for 3600 a man makes a profit of 20% what is the cost price of the article what would his gain percent be if he sold article for 4000 rupees

Answer 1

Hey...!!!

S.P of an article = rs 3600
Profit % = 20%
So, C.P = SP (100 /100 + profit)
= 3600 ( 100/100 + 20)
= 3600 x 100/120
= 3000

So, C.P = rs 3000
S.P = rs 4000
So, profit = S.P - C.P
= 4000 - 3000
= 1000

So,profit % = profit /C.P x 100
= 1000/3000 x 100
= 33.333 %

Hope it helps...!!!

Answer 2

hope it helps you.thanks