A radio when sold at a certain price gives a gain of 20%. What will be the gainpercent, if sold for thrice the price?

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jayakrishna

  • Mar 6th, 2007
 

100+20=120
120*3=360
360-100
260

Please observe the question carefully.........................

its asked that--- if sold for "THRICE THE PRICE" but not as "THRICE THE PRICE WITH PREVIOUS PROFIT PERCENT ADDED".........so, the ans is exactly --- 200%

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