Re: A used car dealer sold one car at a profit of 25 percent of

Selling price of each car - $20,000 Profit on first cat- 25% i.e cost price is increased by 25/100 = 1/4. To get the cost price selling price should be reduced by 1/5 (n/n+d), which is the profit earned. Profit earned = (1/5) * 20,000 = $4,000 Similarly, the other car is sold at loss of 20% Which me...