Sold at a profit; cost price changes by a percent, selling price same: new profit percent
The same question, asked 2 times: CDS 1 2018*, CDS 2 2023. Every wording below, oldest first.
Try each one first, then open its answer.
Question 1
CDS 1 2018
49An article is sold at a profit of 32%. If the cost price is increased by 20% and the sale price remains the same, then the profit percentage becomesTap an option to check your answer.
Question 2
CDS 2 2023
79A person bought an article and sold it at a profit of 20%. Had he bought it at 20% less, what would have been the profit percentage if the selling price had been the same ?Tap an option to check your answer.