The profit percentage of M and N is same on selling the articles at Rs. 3600 each but M calculates his profit on the selling price while N calculates it correctly on the cost price which is equal to 20%. What is the difference in their profits?
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Answered by
6
Answer:
hii
your answer is here
Step-by-step explanation:
=>When profit calculate on S.P
=>Then Profit = 20% of 3600 = 720
=>When Profit calculate on CP = (x)
=>x + x/5 = 3600
=>x = 3000
=>Profit = 600
=>Required difference = Rs. 120
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Answered by
1
Step-by-step explanation:
Aloha !
Given that,
profit of 3600 is 20%
=720
Such ,
Let X be the price of the item.
So,
X+X/5=3600
5x+X/5=3600
6x/5=3600
6x=3600×5
6x= 18000
X=18000/6
X=3000
Now ,
3600-3000=600
And ,
720-600=120
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