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If the selling price of 4 dresses is equal to the cost price of 5 dresses, Then what is the profit percentage?1. 20%2. 22.5%3. 25%4. 30% |
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Answer» Correct Answer - Option 3 : 25% Given: Cost price of 5 dresses = Selling price of 4 dresses Formula Used: Profit percentage = {(SP – CP)/CP} × 100 Calculation: CP of each dress be Rs. 1 then, CP of 4 dresses =Rs. 4 CP of 5 dresses = Rs. 5 SP of 4 dresses = Rs. 5 Profit percentage = (5 – 4)/4 × 100 = 25% ∴ Profit% is 25% |
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