Question
If there is a loss of 40% on selling the article at
15/28 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. 28x New selling price = (15/28) × 28x = Rs. 15x Now, cost price of the article = 15x/0.6 = Rs. 25x Required profit percent = [(28x – 25x)/25x] × 100 = 12%
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