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When an article is sold at 75% of certai...

When an article is sold at 75% of certain selling price, there is a loss of 20%. Calculate profit percent when the same article is sold at 125% of the certain selling price?

A

A)`33(1)/(3)%`

B

B)`22(2)/(9)%`

C

C)`30%`

D

D)`32(1)/(2)%`

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The correct Answer is:
To solve the problem step by step, we will follow the given information and calculate the required values. ### Step 1: Define the Selling Price (SP) and Cost Price (CP) Let the certain selling price (SP) be 100 units. ### Step 2: Calculate the Selling Price when sold at 75% of SP When the article is sold at 75% of the certain selling price: \[ SP_1 = 75\% \text{ of } 100 = 75 \text{ units} \] ### Step 3: Determine the Loss Percentage It is given that there is a loss of 20%. This means the selling price is less than the cost price. Using the formula for loss: \[ \text{Loss} = CP - SP \] Given that the loss is 20%, we can express this as: \[ \text{Loss} = 20\% \text{ of } CP = \frac{20}{100} \times CP = 0.2 \times CP \] ### Step 4: Set up the equation for Cost Price (CP) From the previous information, we can write: \[ CP - SP_1 = 0.2 \times CP \] Substituting \( SP_1 = 75 \): \[ CP - 75 = 0.2 \times CP \] Rearranging gives: \[ CP - 0.2 \times CP = 75 \] \[ 0.8 \times CP = 75 \] Thus, we can find the cost price: \[ CP = \frac{75}{0.8} = 93.75 \text{ units} \] ### Step 5: Calculate the Selling Price when sold at 125% of SP Now, we need to find the selling price when the article is sold at 125% of the certain selling price: \[ SP_2 = 125\% \text{ of } 100 = 125 \text{ units} \] ### Step 6: Determine the Profit Now, we can calculate the profit when sold at \( SP_2 \): \[ \text{Profit} = SP_2 - CP \] Substituting the values: \[ \text{Profit} = 125 - 93.75 = 31.25 \text{ units} \] ### Step 7: Calculate the Profit Percentage To find the profit percentage, we use the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{CP} \right) \times 100 \] Substituting the values: \[ \text{Profit Percentage} = \left( \frac{31.25}{93.75} \right) \times 100 \] Calculating the fraction: \[ \text{Profit Percentage} = \left( \frac{31.25}{93.75} \right) \times 100 = \frac{1}{3} \times 100 = 33.33\% \] ### Final Answer The profit percentage when the article is sold at 125% of the certain selling price is: \[ \text{Profit Percentage} = 33 \frac{1}{3} \% \] ---
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