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# Merchant Makes A Profit of 20% on Selling Price

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Intern
Joined: 12 Jun 2010
Posts: 40
Merchant Makes A Profit of 20% on Selling Price  [#permalink]

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10 Jul 2010, 21:28
2
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00:00

Difficulty:

55% (hard)

Question Stats:

59% (01:16) correct 41% (01:15) wrong based on 148 sessions

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If a merchant makes a profit of 20% based on the selling price of an article, what percent does the merchant makes on the cost?

A-20
B-40
C-25
D-None of These
Intern
Joined: 06 Oct 2009
Posts: 49
Re: Merchant Makes A Profit of 20% on Selling Price  [#permalink]

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10 Jul 2010, 23:30
1
Let x is the cost and y is the selling price

So if y=100, x=80
so (20/80)*100=25%

Ans C
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+1 kudos me if this is of any help...
Intern
Joined: 12 Jun 2010
Posts: 40
Re: Merchant Makes A Profit of 20% on Selling Price  [#permalink]

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11 Jul 2010, 02:43
Manager
Joined: 12 Jun 2007
Posts: 99
Re: Merchant Makes A Profit of 20% on Selling Price  [#permalink]

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16 Jul 2010, 01:48
1
1
Let say Selling price will be Rs100,

20% profit means Cost price will be Rs80 and Rs20 is profit

now we have to find what percent of 80 will be 20 : X% * 80 = 20

X will be 25%
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Joined: 09 Sep 2013
Posts: 13162
Re: Merchant Makes A Profit of 20% on Selling Price  [#permalink]

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01 Apr 2018, 10:48
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Re: Merchant Makes A Profit of 20% on Selling Price   [#permalink] 01 Apr 2018, 10:48
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