Question
When an article is sold for Rs. 9,000/-, the
profit earned by the seller is 20%. Had the article been sold at Rs. 4,500/-, what would have been the profit or loss %?Solution
S.P of an article = Rs 9000 Profit = 20 % C.P = 9,000 x `(100)/(100 + 20)` = 7500 If S.P = Rs 4,500 Loss = C.P- S.P = 7500- 4500 = 3,000 Loss% = `(3000)/(7500)` [if gte msEquation 12]>
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