14. By selling a table for 53168, Rashid loses 12%. Find its cost price. What percent
would he gain or lose by selling the table for 3870?
Answers
Step-by-step explanation:
The S.P. of the table = Rs. 3168
Loss = 12%
∴ C.P. of the table is,
= S.P.100−L%100×S.P.
= 3168100−12100×3168
= 316888100×3168
= 36100×36
= Rs.3600
We can see that the C.P. of the table .
Rs. 3600 is less than the new S.P. of table Rs. 3870, therefore Rashid will make a profit in the transaction.
Now,
The profit percentage is,
= 7.5%
Thus, Rashid would make a profit of 7.5% by selling a table for Rs. 3870.
Answer:
profit percent is 7.2 %
Step-by-step explanation:
given-cost price(cp) be x
selling price(sp) is 3168
he loses 12%
cost price *loss = selling price
cost price* (1-12/100)=3168
cost price*88/100=3168
cost price=28800/8
cost price=72*50
cp=3600
Now,
sp=3870
profit=3870 - 3600 =270
profit%=270 / 3600 *100
=30/4
=15/2
profit%=7.2%