Question

by selling a table for ₹3060 a carpenter loses 15% what percent would he gain or lose by selling it for ₹ 4062

Answer 1

Let C.P. be X of Table

Therefore X - 15% = 3060

Solving this equation

85X / 100 = 3060

85X = 3060 x 100

X = 30600 / 85

X = 3600

i.e., C.P. = 3600

NOW

Gain Obtained By Selling It At 4062 is

4062-3600

Gain = 462

Gain percent = (100 x Gain) / C.P.

= (100 x 462) / 3600

= 46200 / 3600

= 12.83 %