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If rate of profit is 25 of cost then it is...

This question belongs to Commerce Accounting
Accounting
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If rate of profit is 25% of cost, then it is

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Correct Answer: Option C
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Muhammad Awais
Muhammad Awais 3 years ago
ASSUME COST PRICE IS = 100
+ COST PROFIT =100+25=125
SALE PRICE =COST PROFIT / COST PRICE+ COST PROFIT*100
=25/125*100
SALE PRICE =20%
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