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 ₹25,000, then what is the value of P?Solution
Customer's CP = Atul's SP = 1,50,000 Profit = 25,000 Atul CP=1,50,000 -25,000 = 1,25,000 Profit percentage: P% = (25,000 /1,25,000 × 100 =1/5 × 100 = 20%
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