A shopkeeper increased the price of a saree from Rs 2000 by 15%. He sold the saree at 10% less of the increased price . Find the percentage increased or decreased in the price of the same
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The price of the saree is increased and the increased percentage is 3.5%.
Given:
A shopkeeper increased the price of a saree from Rs 2000 by 15%. He sold the saree at 10% less of the increased price.
To find:
The percentage increased or decreased in the price of the same.
Solution:
Increased price of the saree
Increased price = 2000 + 300 = 2300
10% less of the increased price
Hence the final price = 2300 – 230 = 2070.
Hence 70 rupees is the profit, which is
Result:
The increased percentage is 3.5%.
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