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A) A painting is purchased for 2.000 and sold for 2.400. At what price should thepainting be sold to double the profit percentage?​

Answer»

Answer:

A PAINTING purchased at Rs 2000 and SOLD for Rs 2,400, then the PROFIT =Rs 400

Profit percentage=400/2000*100=20%

Double the profit percentage=20*2=40%

Sale PRICE to get double profit percentage=2000*140/100=Rs 2800

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