a book was sold for Rs 27.50 with a profit of 10% If it was sold for rupees 20 5.75 then what would have been the percentage of profit or loss
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Hey mate here is your answer:
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s.p of book = Rs. 27.50
p%= 10% so, let C.P. be X
X+ 10/100x = 27.50
11x/10= 27.50
X=27.50*10/11
X= Rs.25 as C .P.
Now,
c.p= 25
s p= 205.75
s.p is greater than c.p
therefore, profit
profit% = profit/c.p.*100
p% = 180.75/25*100
p%= 723%
________________________
s.p of book = Rs. 27.50
p%= 10% so, let C.P. be X
X+ 10/100x = 27.50
11x/10= 27.50
X=27.50*10/11
X= Rs.25 as C .P.
Now,
c.p= 25
s p= 205.75
s.p is greater than c.p
therefore, profit
profit% = profit/c.p.*100
p% = 180.75/25*100
p%= 723%
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