Question

a trader lost 20%by selling a watch for Rs 1024 what percent shall he gain or loss by selling it for Rs 1472​

Answer 1

Answer:15%

Step-by-step explanation:

Answer 2

Trader gains a profit of 15%.

• Selling price of the watch = RS. 1024
• Trader lost 20% while selling the watch
• Calculating cost price of the watch = 1024 × $\frac{100}{80}$
• Cost price = Rs. 1280
• After selling the watch again at Rs. 1472 trader gains a profit as the cost price is less than the selling price.
• Profit = Selling price - Cost price = 1472 - 1280 = 192
• Percentage profit = $\frac{192}{1280}$ × 100

Percentage profit = 15%