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pradeep rawat
· commented
· 1 Months ago
Knowledge Expert
· commented
· 1 Months ago
20P = total price of 20 meters of cloth
4P = gain (profit) from the sale
20P - 4P = COST of the 20 meters of cloth
gain percentage = ( gain from the sale / cost of merchandise ) X 100%
= ( 4 P / ( 20 P - 4 P ) ) X 100%
= ( 4 P / 16P ) X 100%
= 0.25 X 100%
= 25 %