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  • What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20% ?
Question 1:
What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20% ?
A. 20%
Feedback SP2 = 2/3 (SP1)
CP = 100
SP2 = 80
2/3 (SP1) = 80
SP1 = 120
100 --- 20 => 20%
B. 25%
C. 13 1/30%
D. 12%

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