by selling a sofa set for rs 2500 the shopkeeper loses 20% . find his loss per cent or profit percent if he sells the same sofa set for rs 3150? the answer is p%=10%
Answers
Answer:
by selling a sofa set for rs 2500 the shopkeeper loses 20% . find his loss per cent or profit percent if he sells the same sofa set for rs 3150? the answer is p%=10%
Profit = 0.8°/•
Step-by-step explanation:
Given: SP of sofa set = Rs.2500
Loss = 20°/•
To Find: The loss °/• or the profit°/• if he sells the same sofa for Rs.3150
Answer: loss = 20°/• of CP
= 20/100 x CP
= 20CP/100
Loss = CP - SP
20CP/100 = CP - 2500
2500= CP - 20CP/100
2500 = ( 100CP - 20CP )/ 100
2500 = 80CP/100
(2500 × 100)÷80 = CP
250000 ÷ 80 = CP
3125 = CP
:. SP>CP = Profit
Profit = SP - CP
= 3150 - 3125
= 25
Profit °/• = (25 × 100) / 3125
= 2500 / 3125
= 0.8
:. The profit percent if he sells the sofa set for Rs. 3150 will be 0.8°/•
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