Question

Kriti sells an article for Rs 800. If she
made a profit of 20% on the selling price
of the article, find her actual profit %.​

Answer 1

Answer:

SP = Rs.800 ; Profit = 25%

CP = SP x 100100+P% = 800 x 100100+25 = 640

Now, CP = Rs.640

Loss = 25% = 25% of Rs.640 = Rs.160

Thus, SP = CP - Loss = Rs.640 - Rs.160 = Rs.480Step-by-step explanation:

Answer 2

Answer:

Cost price of the article = 666.66 Rs.

Step-by-step explanation:

Given data

selling amount of article SP = 800 Rs  

profit percentage on article = 20%

here we need to find actual price of the article

We know that  selling price S.P =  $\frac{100+p}{100} (cp)$  

here p = profit percentage and C.P = cost price  

therefore cost price  =  $\frac{100}{100+p} (S.P)$  

                                  =  $\frac{100}{100+20} (800)$

                                  =  $\frac{100}{120} (800)$

                                  =  $\frac{100}{12}(80)$  = 666.66 Rs.