Question

A book was sold for rupees 27.50 with the profit of 10% if it was sold for rupees 25.75 then would have been percentage of profit and loss

Answer 1

Step-by-step explanation:

let actuall cost price be 100 parts

given 10% profit ie 110 parts

110 parts = 27.50

1 part = 0.25

25.75/0.25= 103 parts

so 3% profit