Question

If 25 articles are baught for * 125 and sold at * 6.per article, what is the profit percentage at cost price a sale price?
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Answer 1

Answer:

Profit is 0.25%

Step-by-step explanation:

Price per Article= 125/25=5

Selling Price= 6×25=150

Profit = 150-125=25

Profit %=25/100=0.25%

Answer 2

Answer:

20%

Step-by-step explanation:

Cost of 25 articles = ₹125

Cost of 1 article = ₹125 ÷ 25 = ₹5

CP of 1 article = ₹5

SP of 1 article = ₹6

Profit = ₹6 - ₹5

Profit percentage = $\frac{Profit}{CP}$×100

Here, according to information

Profit percentage = $\frac{1}{5}$×100

= 20%

∵He got a gain of 20% after selling the article.

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