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.
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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%
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