Question

A mobile phone was purchased for Rs 4200 and sold for Rs 3500. Find profit percent or loss percent.​

Answer 1

Answer:

Refer the attachment answer

Answer 2

Answer:

Given that marked price = 4,200

Discount = 16.66% = 1/6 of 100

so, discount on 4,200 = 4200*1/6 = 700

So, S. P = Marked price - Discount = 4,200–700 = 3500

C.P = S. P *100/ (100 - Loss %)

C.P = 3500 *100/ (100–9.09)

C.P = 3500*100*11/1000 = 350*11= 3850 .