solve this problem quite perfectly I waited for answer.
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let CP is 100 then SP is 270
100*270/100 =270
cp increase by 20%
new cp is 120
sp is 270
new profit% = 150*100/120
125%
Answered by
1
Answer:Let cp be 100
Profit = profit percent of Cp
So, 170 / 100 * 100 = 170
Sp = cp + profit
So sp = 270
Now 2nd case,
Sp = 270
Cp = 120 (100+20)[given]
Now profit = sp - cp
270 - 120 = 150
Profit percent equal to profit / cp * 100
So profit percent is 125.
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