by selling articles at rupees 240 a trader gains 25% what would be his profit percent by selling the article at rupees 216
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Answered by
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Answer:
20%
Step-by-step explanation:
As we have given in the question trader gains 25% profit by selling an Article in 240 Rs and we need to calculate that by selling it in 216 Rs how Much profit he would make
so 25%240
Therefore he earns 60 Rs as profit on 240 Rs, Therefore the original price Of an article=240-60=180
Now if he would sell an article for 216 Rs i.e. he is making a profit of 36 Rs.
So we need to calculate how much % is 36 of 180 Rs
Therefore our final answer would be 20%
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