Price of an article increased from $450 to $500.find the percentage increase
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Answered by
1
Answer:
192.1K answer views
((S.P - C.P)/C.P)*100 will give you the answer.
=((500–450)/450)*100
=(50/450)*100
=(1/9)*100
=11.11% gain
Legend:
S.P - Selling Price, C.P - Cost Price
Answered by
2
Answer:
(S.P - C.P)/C.P)*100 will give you the answer.
=((500–450)/450)*100
=(50/450)*100
=(1/9)*100
=11.11% gain
Legend:
S.P - Selling Price, C.P - Cost Price
Cheers
Step-by-step explanation:
P=sp-cp
P=500–450
P=50
P%=p/cp*100
P%=50/450*100
P%=100/9%
P%=11.11%
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