Question

If a machine is sold 6480 rs less , it profits 16%. If the cp of the machine is 72000 then what will be the percent profit

Answer 1

Answer:

25%

Step-by-step explanation:

Let say machine sold at x rs

with 16 % profit selling price = x - 6480

16% profit = (16/100)* 72000 = 11520

Selling price at 16 % profit = 72000 + 11520 = 83520

x - 6480 = 83520

x = 90000

Profit = 90000-72000 = 18000

Profit % = (18000/72000)*100 = 25 %