Answer:
the actual percentage profit is 25%"
Step-by-step explanation:
let selling price = Rs.100
==> profit percentage = 20% x 100 ==> Rs.20
selling price = cost price + profit
==> cost price = Rs. (100 - 20) = Rs. 80
profite percentage on cost price = profite/cost price x 100
==> profite% = 20/80 x 100 = 25%
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Answers & Comments
Answer:
the actual percentage profit is 25%"
Step-by-step explanation:
let selling price = Rs.100
==> profit percentage = 20% x 100 ==> Rs.20
selling price = cost price + profit
==> cost price = Rs. (100 - 20) = Rs. 80
profite percentage on cost price = profite/cost price x 100
==> profite% = 20/80 x 100 = 25%