Question

A shopkeeper sold a sofa set at 8%Gain . Had he purchased it for 5%less and sold it for Rupees 36 less he actually sold it ,He would gained 12 1/2%. For how much did the man purchase the sofa set

Answer 1

Gain 121/2%=12×1/2×100=25\2=100. Sold =36 profit=100-36=74