Question

If an article is sold for 20$ at 25% gain, then find the increase in percentage if it is

sold for 24$

(A) 20% (B) 25% (C) 40% (D) 50%
give full explanation or you will be reported

Answer 1

Answer:

50%

Step-by-step explanation:

always take CP as 100%, gain is 25 % = 1/4

4 part is CP ,1 part is gain.so, SP = 5 parts

5 parts = 20 $ (1 part = 4 )

CP 4 parts = 16 $

if it is sold for 24$ SP,how much increases than CP means, 8 $ increased

P% =[( SP-CP)/CP]*100

P% = (8/16)*100

= 50%