Question

the ratioof cost selling price an article is 20:32 what is the profit petcent on it

Answer 1

HI FRIEND

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HERE IS YOUR ANSWER :-

LET :

COST PRICE (C.P) = 20X

SELLING PRICE (S.P) = 32X

THEREFORE :

PROFIT (P) = S.P - C.P

PROFIT (P) = 32X - 20X

PROFIT (P) = 12X

THEREFORE :

PROFIT % = P/C.P × 100

PROFIT % = 12X/20X × 100

PROFIT % = 12/20 × 100

PROFIT % = 12 × 5

PROFIT % = 60

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HOPE IT HELPS

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