Question

A shopkeeper makes a loss of 6% by selling a pairs of jeans ₹564. What will be his profit or loss percent if he sells it for ₹675

Answer 1

Answer:

12.5%

Step-by-step explanation:

Let x be the cost price of jeans.

Selling price of jeans =Rs.564

Therefore,

x−  

100

6

​  

×x=564

x(1−  

50

3

​  

)=564

⇒x=  

47

564×50

​  

=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 =  

600

75

​  

×100=12.5%