there is a loss of 25% on an article when it is sold at 3/5th the previous selling price what is the actual profit percent on it
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Given : loss of 25% on an article when it is sold at 3/5th the previous selling price
To find : actual profit percent on it
Explanation:
loss = 25%
that means S.P = 100% - 25% = 75%
Article is sold at 3/5th the previous selling price
therefore ,
75% of CP = of SP
solving this equation we get
hence , actual profit percent on it is 25%
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