By selling a fan for ₹360,Neeru losses 10 percent. What percent will she gain or lose if she sell it for ₹460?
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given that,
sp=rs 360
loss percent=10 percent
let find the cp
let the cp be x
now as we know,
cp-loss percent of cp=sp
x-10/100x=360
100x/100-10x/100=360
90x/100=360
90x=36000
x=36000/90= rs 400
now,
cp= rs 400
sp= rs 460
clearly,
sp is greater than cp so profit
profit=sp-cp=460-400= rs 60
profit percent= profit/cp*100=60/400*100=15 percent
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