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12 April, 01:04

By selling an article for 3600$, a man takes profit of 20%. What would his gain % be if he sold the article for 4,000$

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Answers (2)
  1. 12 April, 01:09
    0
    28%

    Step-by-step explanation:

    3600$ * 20%

    =3600 * (20/100)

    =3600 * 0.2

    = 720

    Actual Price = 3600 - 720

    = 2880

    Profit is at 4000$ = 4000 - 2880

    = 1120$

    %profit = (1120/4000) * 100

    profit = 28%
  2. 12 April, 01:25
    0
    Answer:33.3%

    Step-by-step explanation:

    20 = (3600-cp) / cp * 100

    20cp=100 (3600-cp)

    20cp=360000-100cp

    20cp+100cp=360000

    120cp=360000

    Cp=360000/120 cp=3000

    %gain when selling price is 4000 = (4000-3000) / 3000 * 100

    1000/3000*100 = (1000*100) / 3000=100000/3000=33.3%
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