Question

By selling an article for Rs.240, a man makes a profit of 20%. what is his C.P.What would his profit percent be if he sold the article for Rs.275​

Answer 1

SP OF AN ARTICLE 240

PROFIT OF 20 PERCENT

CP= 100×SP/100+20

CP=100×240/120

CP= 200

Sold at 275

Profit = 275-200

=75

Gain percent= 75/200×100%=37.5%

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Answer 2

Answer:

Step-by-step explanation:

since

cp=100/100+profit%

cp=100/100+20

cp=120/100

cp=6/5

cp=1.2

Profit%=profi/CP*100

profit=sp-cp

=273.8

Profit%=273.8/1.2*100

=2738/12*100