Question

Ashif sold an article for rs 315 at a profit of 5%. What would have been the loss incurred by him it it was sold for rs. 275?

Answer 1

Step-by-step explanation:

let

Cost price=x

A.T.Q.

x+5/100 of x=315

x+x/20=315

21x/20=315

x=315*20/21

x=15*20

=300

The loss have been incurred by him if it was sold for earning. 275 = 300-275=rs.25

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