What is the profit if a dress is solid for ₹1200 gaining ₹120
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Answered by
1
Step-by-step explanation:
Cost price of the cycle = Rs. 1200
Selling price of the cycles = Rs. 1500
SP > CP ⇒ there is a gain.
⇒ Gain = SP - CP = 1500 - 1200 = Rs. 300
∴ Gain Percentage = CP/Gain
(100)%
= 1200/300
(100)%=25%
∴ The shopkeeper makes a profit of 25%
Answered by
0
How many percentage x(%) of 1200 is the profit(1500–1200)
1200* X/100 = 1500 -1200
1200* x/100 = 300
x/100 = 300/1200
x/100 = 1/4
x = (1/4)* 100
x = 100/4
x=25 (%)
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