Question
P bought an article for Rs. 400 and sold it at a profit
of 10%. What would have been the increase in the profit percent if it was sold for Rs. 460?Solution
Cost price of P =400 SP at the 10% profit =400×110/100 SP=440 If SP =460 Increasing profit =460-440=20 Increasing profit percentage = (20/400) ×100 =5%
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