A) by selling cloth at Rs 9 per metre,the shopkeeper loses 10%. At what rate should it be sold, so as it gains 15%. b)by selling at article for Rs 225,the shopkeeper loses 25%. find gain and loss percentage ,if the article be sold for Rs 360
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Given:
Rs 9 per meter will generate a loss of 10%
100% - 10% = 90%
9/90% = 10 cost where profit is 0.
10 x 1.15% = 11.50
The cloth should be sold at 11.50 per meter to gain 15% profit.
225, loss of 25%
100% - 25% = 75%
225/75% = 300 cost where profit is 0.
360 - 300 = 60
60/300 = 0.20
0.20 x 100% = 20% gain
If the article is sold at 360, there would be a gain of 20%
Rs 9 per meter will generate a loss of 10%
100% - 10% = 90%
9/90% = 10 cost where profit is 0.
10 x 1.15% = 11.50
The cloth should be sold at 11.50 per meter to gain 15% profit.
225, loss of 25%
100% - 25% = 75%
225/75% = 300 cost where profit is 0.
360 - 300 = 60
60/300 = 0.20
0.20 x 100% = 20% gain
If the article is sold at 360, there would be a gain of 20%
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