What profit percent is made by selling an article at a certain price if by selling at 3/4th of that price results in a loss of 10% ?
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20 % profit percent is made by selling an article at a certain price if by selling at 3/4 0f that price result in a loss of 10%
Step-by-step explanation:
Let Cost Price = Rs.100
%Loss= 10%
Selling price = Cost price - loss
= Rs. 100 - 10 (here C.P = RS.100 ,so, loss=% loss)
= RS. 90
This S.P represent 3/4 of original C.P
⇒ Original S.P = 90× ( 4/3)
= RS.120
Original Profit = Original S.P - C.P= RS. 120 - 100= Rs.20
% Profit = (profit /C.P ) × 100
= (20 / 100 )× 100=20%
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