Question

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?
​

Answer 1

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 2

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%