A seller sell a watch at 2400₹ getting a loss of 20℅ on what price he must sell it to make a profit of 15 ℅?
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I will first find the %.
Now for 20% profit means article of 20 is sold at 24, and 20% loss means article of 30 sold at 24. So total CP is 50 and total SP will be 48. So there is loss of 4%.
In question given above total SP is 4800 but I have taken 48. Hence CP as per question should be 5000 (100 times of what I have initially taken). So total loss is 4% of 5000 that is 200.
These all are mental calculations, just by reducing problem to simple numbers that can be easily calculated mentally.
Let me know
Thanks.
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