A) 20%
B) 22%
C) 25%
D) 30%
Correct Answer: C
Solution :
Let the CP of the article be Rs. x and SP be Rs. y. According to the question, \[y-x=\frac{20y}{100}\] \[\Rightarrow \] \[y-\frac{y}{5}=x\] \[\Rightarrow \] \[4y=5x\] ? (i) Actual profit per cent \[=\frac{y-x}{x}\times 100\] \[=\frac{4y-4x}{4x}\times 100=\frac{5x-4x}{4x}\times 100\] \[=25%\]You need to login to perform this action.
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