by selling an article for rupees 240 a man makes a profit of 20% what is his CP what would his profit percent if he sold the article for rupees 275 . with explanation
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sp of article=240 at 20% profit
so the cp of particle=200(20% of 200 is 40 .so sp of particle=240)
if he sells at rs 275
then profit %=(275/200×100)-100%{100%is cp }
profit%=137.5%-100%
ans=37.5%
so the cp of particle=200(20% of 200 is 40 .so sp of particle=240)
if he sells at rs 275
then profit %=(275/200×100)-100%{100%is cp }
profit%=137.5%-100%
ans=37.5%
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