The problem states that Kriti sold an article for Rs 800 and made a profit of 20% on the selling price. We need to find her actual profit percentage.

Step 1: First, we need to find the cost price of the article. Since the profit was 20% of the selling price, we can say that 120% of the cost price is equal to the selling price.

So, 120/100 * Cost price = Rs 800
Solving this, we get the cost price = Rs 800 * (100/120) = Rs 666.67

Step 2: Now, we need to find the actual profit. The profit is the difference between the selling price and the cost price.

So, Profit = Selling price - Cost price = Rs 800 - Rs 666.67 = Rs 133.33

Step 3: Finally, we find the actual profit percentage. The profit percentage is the profit divided by the cost price, multiplied by 100.

So, Profit % = (Profit / Cost price) * 100 = (133.33 / 666.67) * 100 = 20%

So, Kriti's actual profit percentage is 20%.

Question

The problem states that Kriti sold an article for Rs 800 and made a profit of 20% on the selling price. We need to find her actual profit percentage.

Step 1: First, we need to find the cost price of the article. Since the profit was 20% of the selling price, we can say that 120% of the cost price is equal to the selling price.

So, 120/100 * Cost price = Rs 800
Solving this, we get the cost price = Rs 800 * (100/120) = Rs 666.67

Step 2: Now, we need to find the actual profit. The profit is the difference between the selling price and the cost price.

So, Profit = Selling price - Cost price = Rs 800 - Rs 666.67 = Rs 133.33

Step 3: Finally, we find the actual profit percentage. The profit percentage is the profit divided by the cost price, multiplied by 100.

So, Profit % = (Profit / Cost price) * 100 = (133.33 / 666.67) * 100 = 20%

So, Kriti's actual profit percentage is 20%.

Knowee AI · Accepted Answer

The problem states that Kriti sold an article for Rs 800 and made a profit of 20% on the selling price. We need to find her actual profit percentage.

Step 1: First, we need to find the cost price of the article. Since the profit was 20% of the selling price, we can say that 120% of the cost price is equal to the selling price.

So, 120/100 * Cost price = Rs 800
Solving this, we get the cost price = Rs 800 * (100/120) = Rs 666.67

Step 2: Now, we need to find the actual profit. The profit is the difference between the selling price and the cost price.

So, Profit = Selling price - Cost price = Rs 800 - Rs 666.67 = Rs 133.33

Step 3: Finally, we find the actual profit percentage. The profit percentage is the profit divided by the cost price, multiplied by 100.

So, Profit % = (Profit / Cost price) * 100 = (133.33 / 666.67) * 100 = 20%

So, Kriti's actual profit percentage is 20%.

Kriti sells an article for Rs 800. If she made a profit of20% on the selling price of the article, find her actual profit %.22%20%15%25%

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