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Question

If the selling price of an article is $R s . 200$ and the percentage profit is $20 %$ , then find the total profit.

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Solution

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Cost Price: (C.P.)
C.P $= \frac{100}{100 + p r o f i t (%)} \times S . P .$

thus C.P $, = \frac{100 \times 200}{120} = 166.66$
thus gain $= 200 - 166.66 = 33.34$

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