Question

After selling a watch, shyam found that he had made a loss of 10%. He also found that had he sold it for ` 27 more, he would have made a profit of 5%. The actual initial loss was what percentage of the profit earned, had he sold the watch for a 5% profit?

Answer 1

Answer:

200%

Explanation:

Loss when the watch is sold = 10% (Given)

Profit when the watch is sold = 5% ( if sold for Rs 27 more)

Therefore,

5% of CP = Rs. 27

So,

CP = 540

Since loss% = 10  and CP = 540

Thus the loss will be = Rs. 54

Required percentage -

= 54 × 100/27

= 200

Therefore, the percentage of the profit earned is 200%

Answer 2

Answer: 200 %

Explanation: