Question
A laptop was sold for ₹40,500, resulting in a 10%
loss. If it had been sold for ₹52,200 instead, what would the profit percentage have been?Solution
Cost price of the laptop = 40500 ÷ 0.9 = Rs. 45,000 So, percentage of profit earned if the laptop was sold for Rs. 52,200 = {(52200 - 45000)/45000} x 100 = (7200/45000) x 100 = 16%
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