Question
If there is a loss of 12% on selling the article at
11/25 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. 25x New selling price = (11/25) × 25x = Rs. 11x Now, cost price of the article = 11x/0.88 = Rs. 12.5x Required profit percent = [(25x – 12.5x)/12.5x] × 100 = 100%
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