Question

A table was aold for 900 rs. at a loss of 25%. If the same table was sold for 950rs. ,what would have been the profit or loss per cent?

Answer 1

Answer = 20.83%

if cost price = x = 100%

sell price =900 = 75% ( as per given 25% loss)

then if 75% = 900

100% = X

100/75*900 = 1200

So cost price is 1200

here if sell price 950 then loss is 1200-950 = 250

loss percent if 1200 = 100%

250= ?

250/1200*100 = 20.83%