A wholesale

A wholesale dealer purchased an item from a manufacturer for P2400 less 25% and 25% and sold the same item for P1620. Find the profit and the percent of the profit on cost.

Correct answer:

p =  20 %

Step-by-step explanation:

p1=100%25%=110025=0.75 a=2400 b=p1 p1 a=0.75 0.75 2400=1350 c=1620  p=100 bcb=100 135016201350=20%

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