Question

b) Mrs. Joshi bought a saree for Rs 1,750. She sold it at a profit of 4%. What
had bought it for Rs 8,000, what would be his profit or loss
be her profit or loss percent if she had bought it for Rs 2,000?

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Answer 1

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This is profit, thus is it a percentage increase of 4%. Thus, she sold the saree for 104% of what she bought it for, Rs 1750. Thus, simply do 1.04*1750 to get 1820.