BY selling a sofa set for 2500 rs the shopkeeper loses 20 find his loss percent or profit percent if he sells the same sofa set for 3150 rs
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S.P. = 2500
loss ℅ = 20
C.P. = ( S.P. × 100 ) ÷ ( 100 - loss% )
= (2500 × 100) ÷ 80
= 250000 ÷ 80
= 3125 rs
Now, C.P. = 3125
S.P. = 3150
Gain = 3150-3125
= 25
Gain % = ( 25 × 100 / 3125 )
= 0.8%.............Answer
loss ℅ = 20
C.P. = ( S.P. × 100 ) ÷ ( 100 - loss% )
= (2500 × 100) ÷ 80
= 250000 ÷ 80
= 3125 rs
Now, C.P. = 3125
S.P. = 3150
Gain = 3150-3125
= 25
Gain % = ( 25 × 100 / 3125 )
= 0.8%.............Answer
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