Question

a man sell almirah for 3150 making a profit of 5 %. What would have been his gain %, if he had sold the almirah for 3500​

Answer 1

Step-by-step explanation:

s.p of almirah= 3150

profit= 5%of 3150

=5/100 ×3150

= 5×315/10

=157.5

c.p = S.p - profit

= 3150-157.5

=2992.5

profit at s.p 3500 = S.P-C.P

= 3500-2992.5

= 507.5

gain % = profit/c.p×100

= 507.5/ 2992.5×100

= 16.95%