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A trader bought an article and then sold. Had he bought at 10% less and sold at 10% more, he would have doubled his profit percentage.

Question

A trader bought an article and then sold. Had he bought at 10% less and sold at 10% more, he would have doubled his profit percentage.
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Solution 1

The problem doesn't provide specific numbers for the cost price or selling price of the article, so let's solve it using variables.

Let's assume:

  • The cost price of the article is C.
  • The selling price of the article is S.
  • The profit made by the trader is P = S - C.

According to the problem, Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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