Question

By selling a pen for rs 165 sudha gains 10%. If she had sold the pen for rs 157.5, what would be the gain or loss percent

Answer 1

gain = 10%
profit = sp-cp
10%= 165-x
x= 165+10%
= 181.5

new sp = 157.5
so loss = cp-sp
181.5 - 157.5= 24

loss% = 24*100/181.5
= 13.22%