The selling price of an article is 6/5 of the cp. the profit% is
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Answer:
Step-by-step explanation:
Solution :
Let the cost Price of the TV = Rs x
Selling price = \frac{6x}{5}56x
∵ Gain = Selling price - Cost price
Gain = \frac{6x}{5} - x56x−x
= \frac{(6x - 5x)}{5}5(6x−5x)
= \frac{x}{5}5x
Gain percent = \frac{(g \times 100)}{CP}CP(g×100)
= \frac{\frac{x}{5} \times 100}{x}x5x×100
= 20%
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