an shopkeeper bought an article for rupees 2500. a) at what price should he sell it to make a profit of 5%. b) if he makes a loss of 20% by selling it what is the selling price
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Step-by-step explanation:
A shopkeeper bought an article for rupees 2500.
a) at what price should he sell it to make a profit of 5%.
Calculation
> Rs. 2500 + Rs. 125 = Rs. 2725
So the price he should sell is 2725 rupees to get a profit of 5%
b) if he makes a loss of 20% by selling it what is the selling price
Rs. 2500 - Rs. 500 = Rs. 2000
So the selling price is Rs. 2000
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Answer:
C.p=rs.20000
S.p=rs.2500
profit = S.p-C.p= 500
% profit = 500/2000×100 =25%
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