Question

By selling a stool for $240 a carpenter loses 20%. How much per cent would he gain or lose by selling it for $360?​

Answer 1

Answer: 13%

Step-by-step explanation: By selling it at 360 he would lose 13% because the amount of money lost with 240$ is 48$ (You can find that out by doing 240 x 0.2). If he loses 48$ again when selling it at 360$ he would make 312 dollars. And therefore 312/360 is about 13% or if you need it exact it would be 13.3%.

Answer 2

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