If the coot price of an article is 80% of Its selling price, the profit per cent is :
If the coot price of an article is 80% of Its selling price, the profit per cent is :
1). 20%
2). $22\frac{1}{2}$%
3). 24%
4). 25%
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Answered by
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is 25% is the correct answer am i right
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Answered by
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S.P.=100 Rs.
C.P.=80 Rs.
$\therefore$ Gain= 20 Rs.
$\therefore$ Gain percentage
$=\frac{20}{80}\times 100=25$%