Question

a man makes a profit of 20% by selling sweets for 960. what will be his profit or loss percent if he sells them for 840​

Answer 1

Answer:

profit 5%

Step-by-step explanation:

Case (i) Selling price of sweets = Rs 960

Profit % = 20 

Cost price = SP x (100) / (100+G)                = 960 x (100) / (100+20)                

= 800 

Therefore, cost price of the sweets = Rs 800 

Case (ii) Selling price of sweets = Rs 840

Cost price of the sweets = Rs 800 

Selling price of the sweets is more than the cost price.

Therefore, there is a profit. 

Profit = SP - CP

= 840 - 800

= Rs 40 

Profit % = (Profit/ C.p )×100                   

  = (40/800) x 100                     

     = 5 %

$\huge\red{\ddot\smile}$ hope it helps you ✅✔️

$\large{ \underline{ \dag{ \orange{ \bold{ANSWER}}}}}$