A shopkeeper makes a loss of 6% by selling a pair of jeans at Rs. 564. What will be his profit or loss percent if he sells it for Rs.675?
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If he sells it for Rs.675 it make Loss percent
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Let x be the cost price of jeans.
Selling price of jeans =Rs.564
Therefore,
x− 6/100 ×x=564
x(1− 3/50 )=564
⇒x=564×50 / 47
=600
Thus the cost price of jeans is Rs.600.
Now, if the shopkeeper sell it for Rs.675,
Profit =675−600=Rs.75
Profit percent =
75/600 ×100=12.5%
Selling price of jeans =Rs.564
Therefore,
x− 6/100 ×x=564
x(1− 3/50 )=564
⇒x=564×50 / 47
=600
Thus the cost price of jeans is Rs.600.
Now, if the shopkeeper sell it for Rs.675,
Profit =675−600=Rs.75
Profit percent =
75/600 ×100=12.5%
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