Question

A pen set is sold for Rs. 935 at a profit of 10%. What would have been the actual profit or
loss if it had been sold for Rs.810 ?

Answer 1

Answer:

the actual loss is 3.8% if it is sold for rs 810

Answer 2

Answer:

SP= Rs. 935

profit= 10%

CP= 100/100+gain%× SP

= 100/100+10×935

=850

now,

cp=RS. 850

sp=RS. 810

cp>SP

so, there is loss

loss =CP-SP

=850-810

= Rs. 40