If an article is sold for 20$ at 25% gain, then find the increase in p

1.	If an article is sold for 20$ at 25% gain, then find the increase in percentage if it issold for 24$(A) 20% (B) 25% (C) 40% (D) 50%give full explanation or you will be reported
Answer» Answer: 50% Step-by-step explanation: always take CP as *100%, gain* is 25 % = 1/4 4 *part* is CP ,1 *part* is *gain.so, SP = 5 parts* 5 *parts* = 20 $ (1 *part* = 4 ) CP 4 *parts* = 16 $ if *it is* *sold for 24$* *SP,how* much increases than CP MEANS, 8 $ increased** P% =[( SP-CP)/CP]100 P% = (8/16)*100* = 50%

If an article is sold for 20$ at 25% gain, then find the increase in percentage if it issold for 24$(A) 20% (B) 25% (C) 40% (D) 50%give full explanation or you will be reported

Answer»

Answer:

50%

Step-by-step explanation:

always take CP as 100%, gain is 25 % = 1/4

4 part is CP ,1 part is gain.so, SP = 5 parts

5 parts = 20 $ (1 part = 4 )

CP 4 parts = 16 $

P% =[( SP-CP)/CP]*100

P% = (8/16)*100

= 50%