there is a profit of 25% when an article sold at rs 120.what will be the gain percent if the article is sold for rs.128
Answers
Answered by
5
Answer:33.3333333
Step-by-step explanation:
Step-by-step explanation:
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rayswarnendu0:
please the step by step explanation can be provided
Answered by
1
Answer:
33.33%
Step-by-step explanation:
Concept= Profit and Loss
Given= Profit% of one stage, Selling price of two stages
To find= Profit% of second stage
Explanation=
Since we have the Initial Selling Price and the Profit% we will first find the Cost Price of the article: [(100%+ Profit%)/(100%) ] * Cost Price = Selling Price
here, 125%/100% * x(Cost Price) = 120
Therefore, x= (120*100)/125 = 24*4= 96
we get CP= 96rs
Selling Price= 128rs. So, Profit% on this= [(Selling Price-Cost Price)/Cost Price] * 100
so we get: [(128-96)/96]*100= 100/3=33.33%
Therefore Profit/Gain% if Article is sold for 128rs is 33.33%
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