Mathematics · Profit and Loss

A man buys an article for 20% less than its value and sells it for 20% more than its value. What is his profit percentage?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

122.5%
230%
342%
450%✓

Correct answer

50%

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A man buys an article for 20% less than its value and sells it for 20% more than its value. What is his profit percentage?

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A man buys an article for 20% less than its value and sells it for 20% more than its value. What is his profit percentage?

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