if the cost price is 80 percent of the selling price , what is the profit per cent?
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Answer:
THE ANSWER IS 25%
Step-by-step explanation:
Let,the selling price be x
So,cost price = 80/100× x
=4x/5
So,profit=x-4x/5
=x/5
So,profit percentage={(x×5)/(5×4x)×100}%
=25%
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