Question

By selling an article for rs240,a man makes a profit of 20%. what is his c.p.?what would his profit be if he sold the article for rs245?

Answer 1

ʜєч thєrє ✌✌
ur αnѕ íѕ hєrє

●SALES PRICE = A commodity sold on which price is known as sales price.

ꜱ.ᴩ. = ᴄ.ᴩ. + ɢᴀɪɴ
ᴏʀ
ꜱ.ᴩ. = ᴄ.ᴩ. -ʟᴏꜱꜱ

●COST PRICE = Orignal price of a commodity is known as cost price.

ᴄ.ᴩ. = ꜱ.ᴩ. -ɢᴀɪɴ
ᴏʀ
ᴄ.ᴩ. = ꜱ.ᴩ. + ʟᴏꜱꜱ

●Loss = if we sold a commodity in less amount than it's cost price or under discount we earn loss .
ʟᴏꜱꜱ = ᴄᴩ - ꜱᴩ

●GAIN / PROFIT = If we sold a commodity in more than its cost price we earn Gain / ᴩʀᴏꜰɪ .

ɢᴀɪɴ = ꜱᴩ - ᴄᴩ

●DISCOUNT = Discount is an amount which we deduct in cost price at the time of sale .

ʟᴇᴛ'ꜱ ᴍᴏᴠᴇ ᴛᴏ ᴜʀ qᴜᴇꜱᴛɪᴏɴ

ɢɪᴠᴇɴ -----
ꜱ.ᴩ. =240
ᴩʀᴏꜰɪᴛ ᴏɴ ᴛʜɪꜱ ꜱ.ᴩ. = 20%
ᴄ.ᴩ. = ???
ᴩʀᴏꜰɪᴛ ᴩᴇʀᴄᴇɴᴛ ᴡʜᴇɴ ᴛʜᴇ ꜱᴩ ɪꜱ 245 = ???

ᴄᴩ = ꜱᴩ × 100 / 100 + ᴩʀᴏꜰɪᴛ ᴩᴇʀᴄᴇɴᴛ
= 240 × 100/ 100 + 20
= 240 × 100/120
= 240 × 0.833
= 199.92 ᴏʀ 200 ( ᴀᴩᴩʀᴏx)

ᴩʀᴏꜰɪᴛ ᴡʜᴇɴ ᴛʜᴇ ꜱᴩ ɪꜱ 245 -------
ᴩʀᴏꜰɪᴛ = ꜱᴩ - ᴄᴩ
= 245 -200
= 45
ᴩʀᴏꜰɪᴛ ᴩᴇʀᴄᴇɴᴛ = ᴩʀᴏꜰɪᴛ /ᴄᴩ × 100
= 45 /200 ×100
= 22.5

ꜱᴏ ʜᴇ ɢᴇᴛ 22.5 % ᴩʀᴏꜰɪᴛ ʙy ꜱᴇʟʟɪɴɢ ᴛʜᴇ ᴀʀᴛɪᴄʟᴇ ᴏɴ ₹245

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