Question
A watch was sold at Rs. 9,600 after facing a 20% loss. What
would be the profit percentage if it had been sold at Rs. 13,200?Solution
ATQ,
Cost price of the watch = 9600 ÷ 0.8 = Rs. 12,000
So, percentage of profit earned if sold for Rs. 13,200 = {(13200 - 12000)/12000} × 100
= (1200/12000) × 100 = 10%
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