by selling a pen for rupees 165 Matki gains 10% .If he sold it for rupees 157. 50 ,what percentage would she have lost or gain
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Cost price = (100/100+profit%) × SP
= (100/100+10) ×165
= 10/11 × 165
= 1650/11
CP = 150
If selling price is 157.50
Then profit = 157.50-150
= 7.50
Profit % = profit/Cost price × 100
= (7.50/150)× 100
= 750/150
= 5%
Hope it is helpful.
If you satisfied mark it brainliest.
= (100/100+10) ×165
= 10/11 × 165
= 1650/11
CP = 150
If selling price is 157.50
Then profit = 157.50-150
= 7.50
Profit % = profit/Cost price × 100
= (7.50/150)× 100
= 750/150
= 5%
Hope it is helpful.
If you satisfied mark it brainliest.
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