Practicing Success
If an article is sold at 9/10th of its usual selling price, 20% profit would be made on it, find the profit percentage which would have been made on it on selling it at its usual selling price. |
33.33% 25% 30% 20% |
33.33% |
According to the question = \(\frac{9}{10}\) = \(\frac{selling \; price}{actual \; selling \; price}\) Now the profit is 20% so, 120% of CP = 9 100% of CP = 7.5 Profit when it is sold at actual selling price = (10 - 7.5) × \(\frac{100}{7.5}\) = 33.33% |