Question
A mobile phone was sold for Rs. 14,400 at a profit of 12%.
If it had been sold for Rs. 13,800 instead, what would have been the profit or loss percentage?Solution
ATQ,
SP = Rs. 14,400 and profit percentage = 12%
So, CP = 100/112 × 14,400 = Rs. 12,857.14
Now, new SP = Rs. 13,800
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