Question
If there is a loss of 20% on selling the article at
12/25 of the original selling price then what will be the percentage profit after selling the article at original selling price?Solution
Let the original selling price be Rs. 25x New selling price = (12/25) × 25x = Rs. 12x Now, cost price of the article = 12x/0.8 = Rs. 15x Required profit percent = [(25x – 15x)/15x] × 100 = 66.66%
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