Question

A shopkeeper sold a shirt for Rs. 828 at the lose of 8%. What will be the gain or loss if he sell it for 1200Rs.​

Answer 1

Answer. Let the Cp be Rs x . Sp = Rs ( x - 8% of x ) = Rs( x - 2x/25 ) = Rs 23x/25 . So, Gain = Rs ( 1200-900) = Rs 300.