Question

an item is sold for rs 1652 at profit of 18 %.what would have been the gain or loss per cent had it been sold for rs. 1512? in to
​

Answer 1

Loss %=

c.p

c.p−s.p

×100

{ c.p= cost price, s.p = selling price }

⇒

100

5

=1−

cp

540

⇒

cp

540

=

100

95

⇒cp=

95

540×100

=568.42