Question

By selling a stool for 67.50, a carpenter loses 10%. How much per cent would he
gain or loss by selling it for 82.507​

Answer 1

SOLUTION:

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ANSWER:

• 10% (approx) percent he would gain by selling it for 82.507.

GIVEN:

Selling price of stool = 67.50

Loss percentage = 10%

TO FIND:

How much per cent would he gain or loss by selling it for 82.507?

FORMULA TO FIND:

$\sf CP = SP \times \dfrac{100}{100} - loss\%$

SOLVING BY APPLYING THE FORMULA:

$\sf CP \: of \: the \: stool = 67.50 \times \dfrac{100}{100 - 10}$

$\rightarrow \sf CP = 67.50 \times \dfrac{100}{90}$

$\rightarrow \sf CP = \dfrac{6750}{90}$

$\rightarrow \sf CP = \dfrac{675}{9}$

$\rightarrow \sf CP =Rs.75$

If he sell the stool for 82.507 then gain would be:

82.507 - 75 = 7.507

$\sf Gain\% = \dfrac{7.507}{75} \times 100$

Gain % = 0.1 × 100

Gain % = 10% ( approx )

HENCE:

10% (approx) percent he would gain by selling it for 82.507.

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