Hi !
Try solving this simple question
There is a loss of 25% on an article when it is sold at 3/5th the
previous selling price. What is the actual profit% on it?
With step by step explanation
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Answer:
Hey mate,.................... here's your answer
Step-by-step explanation:
see there is a loss of 25% on a article
it means its s.p is 75%the c.p
* the loss is occured when it is sold at 3/5 tghe the previous selling price
it means
down the selling price would be===profit%*cp+cp ----------use this in the place of sp below
75/100* C.p= 3/5 S.p(previous selling price) ------------now solve for sp
lets do
75/100*CP=3/5( (profit/100)*cp+cp )
75/100*CP=3/5 (100cp+x*cp)/100--------------by taking lcm x is profit %
75/100*cp=3/5 (cp(100+x)/100)---------taking cp as common
evaluate
(75/100)*cp/cp *100=3/5(100+x)
on solving we get x =25
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