QUESTION:A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be. SOLUTION:Let the C.P. = x, Then S.P. = (120/100)x = 6x/5 New S.P. = 2(6x/5) = 12x/5 Profit = 12x/5 - x = 7x/5 Profit% = (Profit/C.P.) * 100 => (7x/5)*(1/x)*100=140% Now urs question is QUESTION:A man gains 25% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be. Calculate&comment ur answer
Posted on: Tue, 27 Aug 2013 08:49:02 +0000
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