If the cost of 12 Articles is equal to the selling price of 10 Articles, the profit percant in the transaction is
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12 cp = 10 sp
ratio of cp : sp
10: 12
5: 6
% profit = (6-5)/5 × 100 = 1/5 × 100 = 20 %
ratio of cp : sp
10: 12
5: 6
% profit = (6-5)/5 × 100 = 1/5 × 100 = 20 %
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