By selling an article for Rs. 4,000/- a person earned 25% profit. What
would be percentage profit or loss if article is sold at Rs. 3,600/- ?
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Selling price = 4000₹
profit = 25 %
cost price = (?)
4000₹ × 75 ÷ 100
3000₹
cost price = 3000₹
selling price = 3600₹
profit = sp - cp
= 3600 - 3000₹
profit = 600₹
profit% = profit × 100÷ cp
= 600 × 100 ÷ 3000
= 20% profit
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