Question

By selling an article for ₹3600 a man makes profit of 20% What is the cost of price of the article ? What would his gain% be if he sold the article for ₹4000.

Answer 1

Answer:

Step-by-step explanation:

profit= 20%X selling prize / 100

=> 720

cost prize=selling prize - profit

          =3600-720

         = 2880

If selling prize=Rs 4000

so,cost prize = 2880

then, profit =selling -cost prize

       = 4000-2880

    =  1120

profit%=profit/C.P X 100%

        = 1120/ 2880 X 100

       =38.88%