By selling an article for rs 480 a profit of 1/6 selling price is earned. what is the profit percent in this transaction?
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rs. 20%
Step-by-step explanation:
1/6×480= 80 rs
profit = s.p- c.p
80 = 480- c.p
c.p= 480-80
c.p= 400 rs.
p%=80/400× 100
20%
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