Question

By selling a shirt for ₹85.50, the shopkeeper would lose 5%. what would be the loss or gain percent by selling it for ₹94.50

Answer 1

SP = 85.50  or 95%

CP = a

85.5/a   x  100 = 95

95a = 8550

a = 90

CP = 90

if he sold it for 94.50 he got profit of 94.50 - 90 = Rs. 4.50

in percent  = 4.50/90 x 100 = 5%

He got profit of 5%

Answer 2

Answer: There is a profit of 5% at selling price of shirt for Rs. 94.50

Step-by-step explanation:

By selling a shirt for ₹85.50, the shopkeeper would lose 5%

Therefore S.P= Rs. 85.50

Loss = 5%

C.P.  = Rs x

According to question

$CP - 5\% \text { of } CP= SP\\\\\Rightarrow x - 5\% \text { of } x= 85.50\\\\\Rightarrow x-\dfrac{5}{100} x= 85.50\\\\\Rightarrow \dfrac{95x}{100}= 85.50\\\\\Rightarrow x= Rs.90$

Therefore CP = Rs. 90

IF SP = Rs, 94.50

SP>CP therefore profit

Profit = SP- CP = 94.50 - 90 = Rs. 4.50

$Profit\%=\dfrac{Profit}{CP} \times 100=\dfrac{4.50}{90} \times 100= 5\%$

Hence, there is a profit of 5% at selling price of shirt for Rs. 94.50