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Answer :
Answer:
28%
Step-by-step explanation:
3600$ × 20%
=3600 ×(20/100)
=3600 × 0.2
= 720
Actual Price = 3600 - 720
= 2880
Profit is at 4000$ = 4000 - 2880
= 1120$
%profit = (1120/4000) × 100
profit = 28%
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Answer:33.3%
Step-by-step explanation:
20=(3600-cp)/cp × 100
20cp=100(3600-cp)
20cp=360000-100cp
20cp+100cp=360000
120cp=360000
Cp=360000/120 cp=3000
%gain when selling price is 4000 =(4000-3000)/3000 ×100
1000/3000×100 =(1000×100)/3000=100000/3000=33.3%