Question

By selling an article of Rs 240,a man makes a profit of 20%. What is his C.P ? What

would be his profit percent if he sold the article for Rs 275 ? ( C.P = Rs 200,37.5% )

9.The selling price of 10 articles is the same as the cost price of 11 articles,find gain%

Answer 1

p.=Rs.240,profit=20% therefore if profit =20Rs. then the C.P.=100Rs and the S.P.=120Rs S.P.        C.P. 120         100 240          x x=(240 X 100) divided by 120x=24000 divided by 120   =200Rs.profit=75Rs profit%=75/200 X 100           =75/2%           =37.5%