ra, what profit percentage is
made by selling an article
at a certain price if by selling
at 4/5 of that price there may
be a loss of 12 %?
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1
Let cost price = 100
Loss = 12%
SP = 88
This SP represent 4/5 of original SP.
=> Original SP = 88 x 5/4= 22×5= 110
=> Original Profit = 10
=> Percentage profit = 10%
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