A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be.
Let the C.P. = x, Then S.P. = 120 100 × x = 6x 5 New S.P. = 2 6x 5 = 12x 5 Profit = 12x 5 - x = 7x 5 Profit % = 1 x × 100 7x 5 &rimes; 1 x × 100 = 140 %
Let the C.P. = x,
Then S.P. = 120 100 × x = 6x 5
New S.P. = 2 6x 5 = 12x 5
Profit = 12x 5 - x = 7x 5
Profit % = 1 x × 100
7x 5 &rimes; 1 x × 100 = 140 %
1297 MCQ for effective preparation of the test of Profit and Loss of Word Problems section.
Read the MCQ statement: A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be. , keenly and apply the method you have learn through the video lessons for Profit and Loss to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 119-12886.