Question
If there is a loss of 15% on selling the article at
17/26 of the original selling price then what will be the percentage profit after selling the article at original selling price?Solution
Let the original selling price be Rs. 26x New selling price = (17/26) × 26x = Rs. 17x Now, cost price of the article = 17x/0.85 = Rs. 20x Required profit percent = [(26x – 20x)/20x] × 100 = 30%
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