Practicing Success
An article is sold for ₹ x. If it is sold at 33\(\frac{1}{3}\)% of this price, there is a loss of 20%. What is the percentage profit when it is sold for ₹ x? |
120 125 130 140 |
140 |
New SP = x × \(\frac{1}{3}\) = \(\frac{x}{3}\) CP = \(\frac{x}{3}\) × \(\frac{100}{80}\) = \(\frac{5x}{12}\) Now sold on old SP i.e. → x Profit % = \(\frac{(x - \frac{5x}{12})}{\frac{5x}{12}}\) x 100 = 140% |