If the profit made on selling an article is 4/25 of the cost price, then find the profit percentage.
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Answer:
16%
Step-by-step explanation:
Let the cost price be INR 100
Profit = 4/25*100 = 4*4 = INR 16
Profit percentage = Profit/Cost Price*100
= 16/100*100
= 16%
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