Question

By selling an almirah for rupees 5208 a man gains 20% find the gain or loss percent if the almirah is sold for rupees 4557

Answer 1

Answer:

5% profit

Step-by-step explanation:

The cost price of almirah is x.

Take the cost price that is x be 100.

There is profit of 20%.

Therefore,the selling price can be said as c.p+profit=s.p.

=100+20=120%

=120%=5208

c.p=5208/120×100=4340 rupees

profit on almirah if sold for 4557rupee=4557-4340=217.

profit %=217/(4340/100)=217/43.4=5%profit