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Anonymous
🌐 India
article cost was = x
let selling price => x + (x*(25/100)) = 20
=> x+(x/4) = 20
=> x = 16
Article cost price = 16;
Final selling price = 24
Final profit = 24-16 = 8;
Profit percentage = (8/16)*100 = 50%;
Answer is 50%
let selling price => x + (x*(25/100)) = 20
=> x+(x/4) = 20
=> x = 16
Article cost price = 16;
Final selling price = 24
Final profit = 24-16 = 8;
Profit percentage = (8/16)*100 = 50%;
Answer is 50%
Was this answer helpful?
Richa
🌐 India
Let me explain a quick way to approach these questions.
let article cost was = x
let selling price => x + (x*(25/100)) = 20
=> x+(x/4) = 20
=> x = 16
Article cost price = 16;
Final selling price = 24
Final profit = 24-16 = 8;
Profit percentage = (8/16)*100 = 50%;
Answer is 50%
Please like my answer
let article cost was = x
let selling price => x + (x*(25/100)) = 20
=> x+(x/4) = 20
=> x = 16
Article cost price = 16;
Final selling price = 24
Final profit = 24-16 = 8;
Profit percentage = (8/16)*100 = 50%;
Answer is 50%
Please like my answer
Was this answer helpful?
Anonymous
🌐 India
Jsjdhsoshd
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