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Q: Profit earned by selling an article for Ra 1060 is 20 percent more than the loss incurred by selling the article for Rs 950 At what price should be article be sold to earn 20 percent profit?

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find the selling price of an article costing Rs.30.00,that was sold at a profit of 15% of the cost price

find cost price if selling price =600 and profit=20%

40

Profit or Loss is always calculated on the cost price.Cost price (C.P.): price on which an item is purchased.Selling price (S.P.): price on which an item is sold.Profit: If the selling price is more than the cost price, the difference between them is the profit incurred. Selling Price (SP) > Cost Price (CP) → ProfitLoss: If the selling price is less than the cost price, the difference between them is the loss incurred. Selling Price (SP) < Cost Price (CP) → Loss

Profit:If the selling price(S.P.)of an article is greater than the cost price(C.P.), the difference between the selling price and cost price is called a profit. loss:If the selling price (S.P.) of an article is less than the cost price(C.P.),the difference between the cost price and selling price is called loss.

About 14%

it the profit on sales price be 20/100 thepercentag ofprofit on cost price is

I assume your question is 60 percent profit on 180 selling price. The store cost is x, and the profit is 0.60x; the selling price is 180, then x + .60x = 180 1.6 x = 180 x x = 112.50 = cost .60x = 67.50 = PROFIT

Basically, percent profit is: (selling price - cost) / cost = decimal equivalent of percent profit Ex. If selling price was 4 dollars, and the cost was only 2 dollar, the percent profit is: ( 4 - 2 ) / 2 = 2/2 = 1.0 To convert the resulting decimal equivalent of the percent to an indicated percentage then multiply the value (here 1.0) by 100, or move the decimal point two places rightward. 1.0 = 100% The percentage profit was 100%

That the selling price is 5% or 1/20 more than the cost.

Mark-up, it is not profit. Profit must account for other fixed costs associated with selling

The average retail profit margin is around 8 percent. Retail makes their profits by selling large quantities of product.

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