Question

A scooter fetches Rs 900 extra when sold at a profit 12% instead of loss at 3%. what would be the percentage of profit or loss, if it sold for Rs 7020?​

Answer 1

Let the price of scooter be x

so 112/100 x - 97/100 x = 900

15/ 100 x = 900

so x = ₹ 6000

now if sold for 7020 then profit is 1020

which is 1020 / 6000 x 100 = 17 %