Sugar cost increased by 25% and buying
costumers decrease buy 15% how much percentage profit or lost occurred?
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Answer:
6.25% profit
Step-by-step explanation:
Let, initial sugar price is 100/kg & initial buyers are 100
when it increases by 25%
i.e. 100+25/100x100 = 125/kg
buyers becomes 100-15/100x100 = 85
So, if they buy same amount of sugar
earlier sale = 100x100 = 10000
later sale = 125x85 = 10625
Profit = 10625-10000/100 = 6.25%
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