a shopkeeper makes a loss of 6% by selling a pair of jeans for rupees 564. what will be his profit or loss percent if he sells it for rupees 675??
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Answer:
15%
Step-by-step explanation:
Given = ( Loss = 6%
SP = ₹ 564 )
CP = SP × 100 / ( 100 - Loss%)
CP = 564 × 100 / ( 100 - 6 )
CP = 564 × 100 / 96
CP = ₹ 587.5
When CP = ₹ 587.5 , SP = ₹ 675
Profit = SP - CP
Profit = 675 - 587.5
Profit = ₹ 87.5
Profit% = P × 100 / CP
Profit% = 87.5 × 100 / 587.5
Profit% = 15%
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