if the cost price of 20 articles is equal to the selling price of 18 articles,then find the profit percentage step by step
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S.P=rs.620
profit%=20%
Profit=620×20/100
=rs.124
Therefore,C.P.=620-124
=rs.496
Student 08:57
if the cost price of 20 articles is equal to the selling price of 18 articles,then find the profit percentage step by step
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Aneesh 08:58
Answer:
hope it will help
Step-by-step explanation:
20C.P = 18S.P
C.P = 18S.P/20C.P
C.P = 9S.P/10
G% = ?
WE KNOW,
G = S.P-C.P×100÷C.P
G = S.P-9S.P/10×100%÷9S.P/10
G = 10S.P-9S.P/10×100%÷9S.P/10
CANCELLED 10
G = S.P×100%÷9S.P
G = 100S.P÷9S.P
G = 11.111%
Therefore, gain = 11.111%
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