CP-SP

If a merchant estimates his profits as 20 % of the selling price, what is his profit percent? Show the process.

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21
Samaroha Nandi ·

Let sp be Rs 100

So,cp=100-20=Rs80

therfore, profit=100-80=Rs20

so, profit percent=(20/80)*100=25%

Therefore, Profit Percent is 25%

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