Given:
Selling 55 toffees gives profit equal to 11 toffees
Formula Used:
Profit % =
Solution:
Implies cost price (CP) = cost of 55 - 11 = 44 toffees
Selling price (SP) = cost of 55 toffees
Profit = SP - CP = cost of 11 toffees
Profit % =
Alternate Solution:
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Atul bought a bicycle at three-fourth price of its marked price and sold it at 20% more than its marked price. What will be the profit percentage?
The cost price of article A is ₹ 500 more than the cost price of article B. Article A is sold at a loss of 10% and B is sold at a profit of 20%. If there is a profit of ₹200 in the entire transaction, then the cost price of article A is :
