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Calculation Of Profit 

  1. May 27, 2008 #1
    1. The problem statement, all variables and given/known data
    A PROFIT OF 25 is MADE on THE COST PRICE OF an ARTICLE. WHAT is THE PROFIT  on THE SELLING price of the ARTICLE?


    2. Relevant equations


    3. The attempt at a solution
    I think Something is wrong with the question. could Someone Understand the question? A profit is made on C.P. That must BE the selling price. Now, what DO mean by profit  on S.P?
     
  2. jcsd
  3. May 27, 2008 #2
    the squares represent PERCENTILE.
     
  4. May 27, 2008 #3

    Dick

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    Homework Helper

    Ok, CP=cost price, SP=selling price. Hence, profit P=SP-CP, right? You are given that P is 25% of CP, I think. Then I believe they are asking what percentage is P of SP. Did I get that right? I'm not an expert at finance. Then do the algebra. If it gets confusing just make up some real numbers that fit the assumptions and do it with them.
     
  5. May 28, 2008 #4
    got ur point. thanx.
     
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