Question

raju purchased a bike for 12500 and sold it for 20 persant above cost price if he paid1250 astax in selling price what is the profit and persant

Answer 1

CP = 12500
profit = 20%
tax paid = 1250

Now,
Profit = 20/100×12500 = 2500
now profit earned = 2500 - tax
=> 2500- 1250
=> 1250

Therefore,
New profit % = 1250/12500×100
= 10%...........ANS

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Answer 2

12500*120/100=15000
12500+1250=13750
15000*100/13750=109.0909
then profit in percent=9.0909