Question
A woman sold an article for Rs 960 at some profit. If she had sold it for Rs 800, there would have been a loss equal to 1/3 of the initial profit. What was the profit % of the article?
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given= P×1/3=L P/L=3/1 Now – 3+1=960-800=160 4=160 1=40 Then profit 3=40×3=120 CP=SP-Profit=960-120=840 Profit% of the article=120/840×100 =100/7%