Question
If 70% of the cost price of an article is equal to 40%
of its selling price, what is the profit percentage?Solution
Let the cost price be Rs. 100 and selling price be y According to the question 70 x 100/100 = 40y/100 y = 175 Profit = 175-100 Profit = Rs. 75 net profit % is 75%
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A Put Option is:
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