Question

By selling a book with Rs.360 at 10% discount a man gain Rs.60. Find the gain pr loss price.
Irrevlant answers will be reported.​

Answer 1

Answer:

We know that,

SP=CP+Profit

Profit=x%×CP=

100

x

×CP,where x is the percent of profit

So, given SP=360

Profit=20%

Using above equation:-

360=CP+

100

20

×CP

360=CP+

5

CP

CP=

6

360×5

=300

Therefore, CP=300