Question
If there is a loss of 25% on selling the article at 9/14
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. 14x New selling price = (9/14) × 14x = Rs. 9x Now, cost price of the article = 9x/0.75 = Rs. 12x Required profit percent = [(14x – 12x)/12x] × 100 = 16.66%
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