A dealer made a profit of 22.5% by selling a car for 588 cedis. Find the percentage profit he would have realized if he sold it fo

1 thought on “A dealer made a profit of 22.5% by selling a car for 588 cedis. Find the percentage profit he would have realized if he sold it fo”

1. Answer:

   27.5%

   Step-by-step explanation:

   Lets find the CP

   X × 122.5/100 = 588

   X = 588 × 100/122.5

   X = 480₹

   CP = 480₹

   If he sold it at 612₹

   Profit = 612–480

   Profit = 132₹

   P% = P₹/CP × 100

   P% = 132/480 × 100

   P% = 27.5%

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