Question

By selling an article for ruppes 240 a man makes a profit of 20percent What is his CP What would his profit per cent be if he sells the article for ruppes 275​

Answer 1

Answer:

cost price =200 rupees and Gain%for selling price 275 is equal to 37.5%

Answer 2

Answer:

let CP = X

X × 20 ÷ 100 + X = 240

X ÷ 5 + X = 240

6X = 240 × 5

6X = 1200

X = 200

( (275 - 200) ÷ 200 × 100 )

(75 ÷ 200 × 100) %

37.5 %