What is the percentage profit made by selling an
umbrella at a certain price, if by selling at 2/3of that
price, there would be a loss of 10%?
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CP is Sp.100/100+ L%
let sp2 be x
sp1 is 2/3x l% is 10%
by formula CP is 20x/33
now new sp is x
so profit % is sp-cp/cp.100 = 65%
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