By selling a stool for rupees 135, a carpenter loses 10%. How much percent would be gain or loss by selling it for rupees 165?
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Answer :
If the Stool sell for Rs. 165, then carpenter gain 10% profit.
Step-by-step explanation :
Hey Mate,
Given Data:
SP = Rs 135 (10% Loss)
SP = Rs. 165 (?% Profit)
C.P = S.P * 100 / (100 - Loss %)
C.P = (135 * 100) / 90
C.P = Rs. 150
When S.P = Rs. 165
Profit % = { (S.P - C.P) / (C.P) } * 100
Profit % = { (165 - 150)/ 150 } * 100
Profit % = (15/150) * 100
Profit % = 0.1 * 100
Profit % = 10 %
If the Stool sell for Rs. 165, then carpenter gain 10% profit.
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