Question
Atul sells goods to a customer at a profit of P%. If the
cost price of the goods for the customer is ₹1,50,000 and Atul makes a profit of ₹30,000, then what is the value of P?Solution
Customer's CP = Atul's SP = 1,50,000 Profit = 30,000 Atul CP=1,50,000 -30,000 = 1,20,000 Profit percentage: P% = (30,000 /1,20,000 × 100 =1/4 × 100 = 25%
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