Question
A person bought an article and sold it at a loss of 25%. If he had bought it at 5% loss and sold it for 78 more, he would have gained 20%. Find the profit percent if he had sold it at Rs 240.
Alternate Method: Let Original CP = 100 then SP = 75 Then New CP = 95 and then New SP = 95
120% = 114 So difference in SP = 114 - 75 = 39 ==> 78 So 1==>2 Hence CP = 100 ==> 200 So intitial CP = 200 & if SP = Rs. 240 So profit % = 40/200 More Profit and loss Questions
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